DTC Medical Device - Steadiwear is the company behind the world&s;s first battery-free glove designed to intelligently reduces tremors.
Business Model:
Revenue: $560k
Employees: 11-50
Address: 112 College Street
City: Toronto
State: ontario
Zip: M5B 1L3
Country: CA
Steadiwear&s;s flagship product is the Steadi-One, a battery-free glove that stabilizes the wrist joint for individuals with Parkinson’s disease and Essential tremors. The Steadi-One technology was inspired by leading-edge earthquake dampers used in buildings. The Steadi-Two, a miniaturized version, is currently under development with very promising results. It is based on magnetic tuned damping technology, a novel class of stabilization systems. It consists of a counterbalancing flywheel in between programmable magnets. The system naturally adapts to different tremor severities. The Steadi-One and Steadi-Two are FDA &a; Health Canada registered Class I medical devices.
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Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2017 | Grant | - |
AGE-WELL Ontario Brain Institute AGE-WELL Ontario Brain Institute |
7/2016 | Grant | $600k | 1/2020 | Seed Round | 1 | - |
NEXT Canada NEXT Canada |
10/2021 | Seed Round | $892.5k | 5/2018 | Grant | 1 | $20k |
Ontario Centres of Excellence Ontario Centres of Excellence |
6/2019 | Convertible Note | $200k | 10/2020 | Seed Round | 1 | - |
The Narwhal Project The Narwhal Project |
3/2016 | Grant | $330k | 2/2018 | Non Equity Assistance | 1 | - |
MassChallenge MassChallenge |
2/2016 | Seed Round | 1 | - |
Ontario Centres of Excellence Ontario Centres of Excellence |
7/2021 | Seed Round | 3 | $877k |
3W Partners Ontario Brain Institute The Narwhal Project 3W Partners Ontario Brain Institute The Narwhal Project |
10/2020 | Seed Round | 1 | - |
The Narwhal Project The Narwhal Project |
1/2020 | Seed Round | 1 | - |
NEXT Canada NEXT Canada |
2/2018 | Non Equity Assistance | 1 | - |
MassChallenge MassChallenge |
10/2017 | Grant | 2 | - |
AGE-WELL Ontario Brain Institute AGE-WELL Ontario Brain Institute |
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