Steadiwear Raises $1.1 Million CAD to Fuel Launch of Glove Designed to Combat Hand Tremors

Toronto-based healthtech startup Steadiwear has secured $1.1 million CAD ($900,000 USD) in seed financing to support the manufacturing and commercialization of its new product, a second-generation glove for people with Essential Tremor and Parkinson’s disease.

Steadiwear has finished developing the Steadi-Two, a smaller, lighter, more versatile version of its flagship glove product, which stabilizes the wrist joints of users, reducing the impact of hand tremors associated with these conditions.

Steadiwear in an OBIO® member.

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OBIO’s Early Adopter Health Network advances technologies to address pressing challenges in the healthcare system