Plano Texas based OxeFit is raising $12,500,000.00 in New Equity Investment.
Plano, TX – According to filings with the U.S. Securities and Exchange Commission, OxeFit is raising $12,500,000.00 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 a stealth-mode technology startup corporation with offices in Texas and Florida. Our main office is located in Pensacola, FL- an affordable and growing city located on the panhandle’s beautiful Emerald Coast. Our technology is based on expertise spanning over a decade in software development, robotics research, and motion control. Our goal at OxeFit is to fundamentally redefine the way strength training is performed through robotics, advanced software, welcoming user experiences, and leading exercise science research. Our team’s background in robotics, motion control, and software is driving the movement in user-focused intelligent strength training.
To learn more about OxeFit, visit http://www.oxefit.com/
Contact:
Mohammed Shanableh, Chief Executive Officer
214-945-4502
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