Electric car startup Fisker is working with contract manufacturer Foxconn on the development and volume manufacturing of its second electric vehicle by 2024
2021/02/25 22:00
SINGAPORE - Media OutReach - 25 February 2021 - UK-based neuromuscular medical device company, GyroGear Ltd has just concluded phase one of its seed round fundraise. This round was led by Foxconn Technology Group, the world s largest and foremost electronics manufacturer. Foxconn has invested £1 million (US$1.41 million) upfront. Participants in GyroGear s seed round include the UK Government Future Fund, Singapore venture builder Fidelium Group, and other established strategic investors and business leaders. Phase two of the seed round is ongoing and scheduled for completion in March 2021.
Chairman Young-way Liu (right) and Dr Faii Ong (left) at Foxconn Technology Group, Taipei.
GyroGear is developing a wearable to help individuals with hand tremors. The wearable reduces tremors, so they may perform their day-to-day activities. This also brings relief to caregivers and family members.
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DJ Medtech Startup GyroGear raises USUSD4.3m in Phase One of Seed Round led by Taiwan Manufacturing Giant Foxconn
GyroGear Ltd.
Medtech Startup GyroGear raises USUSD4.3m in Phase One of Seed Round led by Taiwan Manufacturing Giant Foxconn
25-Feb-2021 / 15:25 GMT/BST
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Medtech Startup GyroGear raises USUSD4.3m in Phase One of Seed Round
led by Taiwan Manufacturing Giant Foxconn
SINGAPORE - Media OutReach - 25 February 2021 - UK-based neuromuscular medical device company, GyroGear Ltd has just
concluded phase one of its seed round fundraise. This round was led by Foxconn Technology Group, the world s largest
and foremost electronics manufacturer. Foxconn has invested GBP1 million (USUSD1.41 million) upfront. Participants in