OxiWear, an Arlington-based health tech startup, secured $70,000 from Halcyon Angels, an early-stage investing network from Washington, D.C. social impact nonprofit Halcyon. That comes not long after OxiWear collected its second $100,000 investment from the nonprofit’s separate Halcyon Fund.
The recent explosion of wearable technology and the associated concerns prompted the International Federation of Sports Medicine (FIMS) to create a quality assurance standard for wearable devices.
Oxygen transportation and utilization are 2 critical factors in athletic performance and endurance. However, the lack of accuracy demonstrated by wrist-worn tracking devices creates the need for an alternate device providing more accurate and personalized analytics.
Device to monitor oxygen levels during races on Mount Kilimanjaro, Mount Everest 2022 and beyond