Whoa, where to start? Okay, picture this: Virtuix, the VR treadmill folks, they decided, “Hey, let’s get the crowd to toss some cash our way,” and voila, they did it again. They wrapped up this whole investment shindig—Series B-2, if you like fancy lingo—and walked away with over $3 million. Not too shabby, right?
So, what did they actually do? Offered up some Series B Preferred Stock on StartEngine, you know, that platform where dreams meet reality (and money). Over 1,300 people—yes, like, actual human beings—chipped in. Grand total? A modest $3,272,865. It’s like counting change after a garage sale, except there are a lot of zeros. Add everything up, their Series B rounds have scooped in over $18 million. Imagine buying that many tacos. Mind-boggling.
Omni One, their gadget—think VR treadmill for your living room. Ironic? Maybe. They pair it up with an optional Pico 4E headset, priced at a casual $3,495 (just casually sip your coffee after hearing that). But they’ve got big ambitions, dipping toes into military waters. Enter the Omni Mission Trainer (OMT). Now soldiers can dodge virtual bullets while pretending to hold their bazookas. There’s a real Air Force collab here, no joke.
Fast forward, Virtuix’s worth is now pegged at $201.13 million. I mean, sure, that includes some fairy-tale pre-IPO stock price magic, sitting at $6.22 a share. But hang on, don’t start throwing money at it. You can’t snag this stock from your usual Wall Street brokers; it’s all private and elusive.
Way back when, in 2013—practically Stone Age—they kickstarted their way into this world. Raised $1.1 million with a wink and a nudge from backers. Fast-forward a few years: snagged over $40 million from big names like Mark Cuban and company. Fancy.
If that wasn’t enough, they’ve shoveled $18 million worth of goodies to big players like Dave & Buster’s. Yup, serious business. Apparently, they’ve also got a horde of over 400,000 players. Oh, and their factory can spit out 3,000 Omni One units per month. Sounds like a sci-fi factory of dreams, if you squint just right.
And there you have it, Virtuix, straddling reality and virtual, one treadmill at a time.