Virtuix secures $4.7M in recent crowd investment, aims to deliver 1,000 VR Treadmills by the end of the year. - Road to VR
Virtuix Raises $4.7M in Latest Crowd Investment, Plans to Ship 1,000 VR Treadmills by Year’s End
Virtuix, the company behind the Omni VR treadmill, has raised $4.7 million in a crowd investment round and plans to ship 1,000 Omni One VR treadmills by the end of the year. The equity crowdfunding campaign, launched earlier this year, has already raised over $4.7 million. Despite falling short of its initial $5 million target, Virtuix has decided to conclude the campaign early. The funding round received significant support from JC Team Capital, and Virtuix intends to use the funds to increase production. Beta units have already been shipped to equity investors, with pre-orders for the general public expected to open late next year. The introductory price for Omni One is $2,595, making it more accessible to consumers than similar enterprise devices. The company's CEO expressed excitement about Omni One's success and its potential for rapid revenue growth. This latest campaign brings Virtuix's lifetime funding to over $35 million. Visit the source for the full story.