GyroGear logo — company profile

GyroGear

Founded 2015 13 employees Seed Total: $7.55M Hardware, Medical Devices

General Information

Company Name GyroGear
Founded Year 2015
Employees 13
Industries Hardware, Medical Devices
Funding Stage Seed
Social

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About GyroGear

GyroGear is a multidisciplinary startup founded in 2014. The team consists of designers, engineers, and medics, collectively working on the GyroGlove, a wearable device designed to mechanically stabilize hand tremors. Their mission is to restore independence, dignity, and quality of life to individuals with Parkinson's and Essential Tremor. The latest milestone for GyroGear is its £3.10M Seed Round investment made on 25 February 2021, which saw participation from prominent investors including Foxconn Technology Group, The Future Fund, and Fidelium Group.

Their call for support and engagement directly addresses the community, emphasizing the importance of collective efforts in bringing the GyroGlove to those in need. GyroGear emphasizes the significance of support and recommendations from the community to fulfill its mission. With a clear social impact goal, the startup's premise is not only promising from a humanitarian perspective but also from an investment standpoint.

Business keywords: Wearable Devices, Medical Technology, Parkinson's, Essential Tremor, Hand Tremor, Quality of Life, Ergonomics, Medicine

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Seed Round £3.10M 3
Foxconn Technology Group, The Future Fund +1
25 Feb 2021
Non Equity Assistance Undisclosed 1
MassChallenge
13 Dec 2018
Grant €2.65M 1
EASME - EU Executive Agency for SMEs
01 Sep 2018
Venture Round €1.80M 1
Horizon 2020
07 Aug 2018
Non Equity Assistance Undisclosed 1
Imperial College Union
15 Apr 2014

GyroGear Alternatives & Competitors

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FAQ About GyroGear

GyroGear is a multidisciplinary team of designers, engineers and medics. We are currently working on the - a wearable device which mechanically stabilises hand tremors. Through our work, we hope to restore independence, dignity and quality of life to people with Parkinson's and Essential Tremor....
GyroGear was founded in 2015.
GyroGear operates in Hardware and Medical Devices. Its work centres on Wearable Devices, Medical Technology, Parkinson's and Essential Tremor.
GyroGear has approximately 13 employees.
GyroGear has completed 5 funding rounds, raising a total of $7.55M. The latest funding stage is Seed.
Top alternatives and competitors to GyroGear include Cue2walk International, Element Science, Inc., Reliefband Technologies LLC, Evolution Devices, Minimax Medical Holding Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
GyroGear and Cue2walk International are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for GyroGear, https://bouncewatch.com/company/gyrogear, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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