Virtuix Raises $19M in Series A-2 Funding

A players walking on the Omni One virtual reality treadmill
A players walking on the Omni One virtual reality treadmill

Virtuix, an Austin TX-based technology company providing an entertainment system, raised $19M in Series A-2 funding.

Backers included more than 6,500 investors on SeedInvest.

The company will use the proceeds to launch Omni One.

Founded in April 2013, Virtuix is the developer of “Omni” – the first omni-directional treadmill that enables 360-degree movement in virtual environments. Its product line currently consists of Omni Pro, a commercial version, and Omni Arena, a turnkey multiplayer attraction that comprises four Omni Pro units. Virtuix has shipped nearly 4,000 Omni Pro systems to more than 500 commercial entertainment venues around the world. Omniverse, the proprietary content platform offering 24 VR games and built-in esports competitions, has hosted over two million plays to date.

Omni One is a consumer version of the Omni for the home market. The system will feature its own game store with 30 titles at launch, including games developed by the company alongside top titles licensed from third parties. Virtuix plans to sell Omni One for $1,995 (or $55 a month on a monthly payment plan).

FinSMEs

27/05/2021