Breathonics raises capital in Pre-Series A Funding from leading Web3 investor OliveX
Investment to serve the world’s first mental fitness service, introducing “a new way to breathe” to users across the globe.
Sheung Wan, Hong Kong, October 28, 2022 — As we enter Men’s Health Awareness Month, Breathonics is pleased to announce that the company has raised capital in pre-Series A funding led by OliveX, with participation from MADworld, Aspen Digital and several noted angel investors. Keith Rumjahn, the Founder and CEO of OliveX, will join Breathonics as a Non-Executive Director.
Launched in 2019, Breathonics is a revolutionary, data-driven mental fitness app designed to help improve the well-being of users around the world. Expertly crafted to sit at the intersection of music, science and technology, Breathonics has modernized the traditional practice of mindfulness by incorporating the healing elements of psychoacoustic music and data driven technology to offer short, easy-to-follow breathing exercises scientifically proven to impact the physiology of the user. As an iOS exclusive experience driven by the Apple Health Ecosystem, Breathonics currently features 40+ science based breathing exercises, each delivered in just 5 to 10 minutes, with additional content being updated routinely.
The company is currently preparing to launch Project:BRX, its first foray to the Web3 space with the goal of building an equitable, transparent and accessible community of like-minded Breathwork enthusiasts.
“In an overstimulated world, breathing is the key bodily function we overlook every single day. Throughout Men’s Mental Health Awareness Month, I wholeheartedly welcome OliveX to the Breathonics family as we work together to solidify Breathwork as a credible and scientifically backed pathway to cope with everyday stress and anxiety,” said Bradley Dowding-Young, Founder and CEO of Breathonics. “This investment has proven to be integral to our current trajectory of growth as we prepare to launch Project:BRX and leverage the power of Web3 to position Breathonics as a first of its kind mental fitness service that seamlessly bridges the online and offline experiences for our community of users.”
“From day one, we have made it our mission to aggressively invest and incubate promising partners in the wellness & fitness metaverse, particularly those that share our founding principles of inclusivity and teamwork. With Breathonics, we believe that we found an ideal partner,” said Keith Rumjahn, the Founder and CEO of OliveX. “We look forward to continuing our work together as we see an enormous creative potential with Breathonics and Project:BRX”.
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About Breathonics
Breathonics is a Wellness Technology company harnessing the power of breathwork to train users’ mental fitness. The intersection of music, science and technology, Breathonics innovates and disrupts WellTech to create solutions that address the challenges of our digital society, backed by years of research and collaboration with industry experts.
Breathonics: Rest, Recharge, Reward.
To learn more about us, please visit https://breathonics.com/ or download the iOS app here.
