OxeFit Secures $17.5 Million With Support from Investors Like Kohlberg & Co.
Wednesday, 25 September 2024, 02:00
OxeFit's Funding Achievements
OxeFit, the fitness technology company, announced a remarkable fundraising milestone, securing $17.5 million in its latest round. This achievement reflects the growing interest in fitness innovation, drawing attention from prominent investors such as Kohlberg & Co.. With this support, OxeFit aims to elevate its flagship training systems, pushing the boundaries of home fitness.
Strategic Investing in Fitness Technology
- Rab Shanableh steering the vision of OxeFit
- Endorsement from fitness influencer Anne Mahlum
- Partnerships with sports figures like Harry Kane
The funds will primarily be used to accelerate research and development, enhancing the usability of their cutting-edge XS1 training system.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.