Virtuix, the VR Treadmill Maker, Secures Additional $3M from Crowd Investments, Reaching a $200M Valuation

Hey, ever heard of Virtuix? They’re like, this company that’s making VR treadmills. Yeah, you heard that right—treadmills for virtual reality. So, they did this whole crowd-based investment thing not too long ago, you know, asking regular folks for money to boost their Omni One device. It’s this crazy rig for home use, though now they’re eyeing the military too. Why? Beats me, but armies in VR? Sounds like sci-fi.

Anyway, they just wrapped up this second investment phase. Series B-2, they called it. Raised over 3 million bucks, which is kinda mind-blowing, right? Over 1,300 people poured cash into this project. In total, they’ve amassed like, over 18 million from their Series B. That’s a lot of treadmills!

The Omni One’s mostly for at-home folks who want to strap on a Pico 4E headset for a smooth $3,495. But here’s the kicker—they’re also rolling out something called the Omni Mission Trainer. I guess soldiers might find themselves jogging through VR landscapes, carrying real gear and all. Yeah, it’s in cahoots with the U.S. Air Force. Go figure.

So now they’re boasting this shiny $201 million valuation. A lot of that’s tied up in stock that, if I’m reading this right, isn’t even publicly traded. $6.22 a share if you’re curious. But don’t head to Wall Street looking for it. It’s private, kept in a backroom somewhere.

Their story started on Kickstarter in 2013. They got a cool $1.1 million from backers back then. Fast forward a bit, and they’ve pulled in $40 million in funding from bigwigs like Mark Cuban. Who’d have thought?

Oh, and these guys have sold over $18 million in products to places like Dave & Buster’s. Meanwhile, they claim 400,000 players are registered, running around in their VR worlds. Plus, their factory apparently churns out up to 3,000 units a month. Busy folks!

So, yeah. That’s the scoop. Wild ride, huh?