Oxus America, a Rochester Hills, MI-based company that is developing a portable oxygen concentrator medical device, has received an undisclosed amount of funding from the Michigan Pre-Seed Capital Fund.
Oxus intends to use the funding to increase its commercialization efforts.
In business for over 10 years, the company designs and manufactures oxygen concentrator products for several markets. Its Oxus Portable Oxygen Concentrator is designed to give users the independence they deserve to live their life without worrying about bottle delivery, filling bottles at home, or running out of oxygen.
The device is available in the U.S. through the company’s distributor Drive medical.
FinSMEs
06/05/2012