OxiWear

OxiWear is a company that has developed an innovative ear-wearable device for continuous monitoring of oxygen saturation levels and vital signs. The device, launched in 2022, is designed to track blood oxygen levels in real-time during physical activity or motion. It provides proactive alerts when oxygen levels drop below safe thresholds, allowing users to take timely action and prevent potential hypoxic injuries.

The OxiWear device is worn on the ear's helix, featuring a sleek, lightweight, and water-resistant design. It offers adjustable clip-on mechanisms and interchangeable faceplate color options, enabling users to personalize their style. The device is paired with a mobile app that displays real-time insights through a customizable dashboard, allowing users to track progress, make notes, and set personalized alerts.

OxiWear's primary target market includes individuals prone to hypoxia due to chronic conditions such as pulmonary hypertension, COPD, cystic fibrosis, pulmonary fibrosis, and long-COVID. Additionally, the device caters to extreme and high-performance athletes in sports involving high cardiovascular exertion or high-altitude training, where they are at risk of hypoxic injuries.

OxiWear began shipping its consumer devices in December 2022, having raised approximately USD 3 million in funding earlier that year. The company has obtained trademarks and patents in the US and Southeast Asia and is currently conducting beta testing while working toward obtaining FDA approvals.

Key customers and partnerships

OxiWear has established partnerships with notable organizations in the sports and athletic realm. In March 2022, the company signed a memorandum of understanding with Gibraltar-based E.P. Global Events Limited, owner of the World's Highest OCR (Obstacle Course Racing) and ALTITUDE OCR World Series, World Finals, and World Championships. These events involve altitude trekking ascents, obstacle courses, and endurance distance races on Mount Everest, Mount Kilimanjaro, and other extreme altitude locations worldwide. OxiWear's devices are used to detect and prevent life-threatening medical conditions caused by hypoxia during these events.

Furthermore, OxiWear's devices are trusted and utilized by top athletes and teams. As of October 2023, the company works with some extreme athletes, including Red Bull athletes, who use the device for endurance training. OxiWear also collaborates with training centers that train Tour de France cyclists, enabling them to monitor their oxygen levels during intense cycling sessions. Additionally, the company works with high-cardio athletes in sports like soccer, ensuring they maintain their performance levels during the off-season by tracking their oxygen saturation.