logo
logo

Oxiwear Closes Pre-Seed Funding Round At $1.25M

Nov 17, 2021•almost 4 years ago

Round Type

pre-seed

Arlington

Description

OxiWear announced it successfully closed a pre-seed funding round at $1.25M, oversubscribed above its goal of $750,000. OxiWear is a medtech and sportstech startup company developing an ear-wearable pulse oximeter for 24-hour, continuous oxygen monitoring, and low-oxygen alerting.

Company Information

Company

Oxi Wear

Location

Arlington, Massachusetts, United States

About

OxiWear is committed to reducing patient vulnerability to hypoxic injury through wearable, continuous oxygen monitoring and low-oxygen alerting. Our goal is to increase safety and peace of mind for those prone to silent hypoxia, to reduce healthcare costs, and to save lives. OxiWear was developed in 2019 by Shavini Fernando, a VR/video game and web designer who suffers from pulmonary hypertension as a result of Eisenmenger's Syndrome. For more information, visit: https://www.oxiwear.com/. SOURCE OxiWear