Sure, I’ll take a whack at this. So, here’s the lowdown—Virtuix, you know, the VR treadmill folks, just wrapped up this crowd-investment thing to amp up their Omni One gadget. If I remember right, they snagged over 3 million bucks. Yeah, 3 million, can you believe it?
Anyway, it’s their Series B-2 round that just finished. They threw some shares to regular folks through StartEngine, which is some kind of crowd-based whatchamacallit. More than 1,300 investors jumped in—like, that’s wild—and they ended up with more than $18 million from the whole Series B shindig.
Now, here’s the kicker—they’re not just pushing this Omni One doodad for your living room. You could pair it with a fancy Pico 4E headset for about $3,495, but that’s not all. They’ve got their eyes on using this gear for training military folks. They call it the Omni Mission Trainer (OMT) or something. Apparently, they’re teaming up with the U.S. Air Force to get soldiers hustling in VR. Imagine running around with your gear in a virtual world—crazy, right?
Okay, so post-fundraising, Virtuix talks about this whopping $201.13 million valuation. I guess it’s based on some pre-IPO stock value, $6.22 a pop or whatever. Weird part? You can’t find them on the big stock exchanges. Private stuff, I guess—some finance mystery I don’t quite get.
Flashing back, these guys started around 2013 with a Kickstarter for the original Omni. Raised a cool $1.1 million back then. Fast forward, they’ve pocketed $40 million from big shots. Names like Mark Cuban ring a bell? Oh, and companies like Dave & Buster’s snapped up $18 million worth of their gizmos. Plus, there are 400,000 folks playing their stuff—blew my mind when I heard that. Busy, busy factory they’ve got, cranking out 3,000 Omni One units a month. That’s a lot of treadmills, folks.
