Sure thing. So let’s dive into this whole VR treadmill thing. I mean, Virtuix — ever heard of them? Neither had I until they popped back onto the scene with that Omni One. Yeah, so late last year, they kicked off this crowdsourced investment thingy. Pretty wild, right? And boom, their second phase wrapped up with a bang — $3 million! Not pocket change.
Okay, let’s break it down. This Series B-2 round? Yeah, you know, like those fancy stocks? People got in via this StartEngine platform, and wham, over 1,300 folks pitched in. That’s more than $3 million — $3,272,865 to be exact. But totally, the Series B rounds raked in over $18 million. Like what? Crazy sums.
Oh, Omni One. It’s supposed to be this at-home thing, complete with a Pico 4E headset — $3,495 if you’ve got that lying around. But here’s the kicker — they’re also eyeing military training with this thing called the Omni Mission Trainer. I know, sounds intense.
Teaming up with the U.S. Air Force (imagine that), they crafted something that lets soldiers do their 360-degree dance in VR while wearing all their gear. Picture 12+ soldiers just… gaming? Training? Whatever works.
And the payoff? Well, Virtuix is now kinda flexing a $201.13 million valuation. That’s partly on this pre-IPO stock price, pegged at $6.22 a share. Important tidbit: Their stock isn’t on the major exchanges. So if you were thinking of buying a slice… nope.
They started back in 2013 on Kickstarter — go figure. Raised $1.1 million from just, you know, random backers. Since then, they’ve sucked in over $40 million from big names like Mark Cuban. Does he do anything halfway? Apparently not.
Oh, and, they’ve sold over $18 million in products to big players like Dave & Buster’s. More than 400,000 registered players too. Wowza. And check this — they claim their factory can pump out “up to 3,000 Omni One units a month.” Like, is that not nuts?
So yeah, that’s the scoop. This whole thing is pretty bananas, but who knows where it’ll go?