Neovasc Inc Reports Results of Annual General Meeting of Shareholders yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Backers included:
Norm Francis, CEO of Boardwalk Ventures,
Greg Malpass, CEO of Traction on Demand,
Darrell Kopke, CEO of Adelhard (formerly Kit and Ace and lululemon), and
Paul Geyer, CEO of Discovery Parks and Nimbus Synergies.
The company intends to use the funds to expand efforts.
Led by Zack Eberwien, CEO, Stoko provides K1, a designed compression tight with integrated joint support that mimics the body’s natural structures to give the support of a traditional knee brace with unparalleled comfort.
The K1 is eligible for medical coverage by some healthcare providers and in addition to its e-commerce platform, www.stokodesign.com, it is available for purchase at specialty stores including Myodetox, Paris Orthotics and Kintec Footwear in Vancouver, Edmonton, LA and Toronto.
With new financing, Stoko wants to disrupt the knee brace industry with D2C product for athletes
A Vancouver-based startup working to disrupt the knee brace industry with a direct-to-consumer product developed using proprietary software is attracting the interest of professional athletes and investors.
Stoko, which calls itself a supportive apparel company, has raised $6 million CAD in seed financing to help the company accelerate its go-to-market efforts in North America.
Stoko has created a knee brace that provides the support of a traditional brace but is built into a compression tight. According to the startup, Stoko is the first to market in creating a new category of professional knee brace: supportive apparel.