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Plano Texas based Oxefit is raising $15,000,000.00 in Equity Investment.

Plano Texas based Oxefit is raising $15,000,000.00 in Equity Investment.

December 25, 2020 Craig Etkin

Plano, TX – According to filings with the U.S. Securities and Exchange Commission, Oxefit is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mohammed Shanableh played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Oxefit

OxeFit is redefining the way strength and human performance training is performed though AI-powered robotics, advanced software, welcoming user experience and leading scientific exercise and research. The company is lead by Rab Shanableh who has a long track record of successful business operation and tech startups growth. Rab received his Bachelor’s and Master’s of Science in Electrical Engineering. The company is co-founded by Dr. Peter Neuhaus, whose collaboration with the NASA Johnson Space Center led to the technology development of a countermeasure for muscle and bone density loss for astronauts spending extended periods of time in reduced or zero-gravity environments.

To learn more about Oxefit, visit http://www.oxefit.com/

Contact:
Mohammed Shanableh, Chief Executive Officer
https://www.linkedin.com/in/mohammed-rab-shanableh-071140106/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
1920, Dallas, OxeFit, Plano, Texas, Venture Capital

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