Sure, let’s dive right in. First off, did you hear about Virtuix’s whole deal with that VR treadmill gizmo? It’s called the Omni One—sounds all futuristic, right? So, last year, they decided to let folks chip in, like a crowdsourcing kind of thing. This was to get the ball rolling on more of these treadmills. Spoiler alert: They bagged over 3 million. Yeah, that’s a lot of moolah.
So, here’s how they did it: They offered up some fancy Series B Preferred Stock—don’t ask me exactly what that means; stocks are a mystery—on this platform called StartEngine. And boom, 1,300 folks jumped aboard, tossing in their hard-earned cash. All in all, this Series B thing? Raked in more than 18 million bucks. Wild, huh?
And here’s where it gets a bit wow-worthy. Omni One isn’t just for nerds and homebodies wanting to run in place with a headset on—though who wouldn’t, right? Nope, they’ve got eyes on the military market too. Like, picture soldiers training with this thing, moving around in every direction. They’ve got this Omni Mission Trainer deal now, made with the actual U.S. Air Force. Lucky them, playing video games on duty.
Now, after scooping up all this dough, Virtuix is flexing a valuation muscle—over 201 million! Imagine what you could buy with that… but let’s not get distracted. Their stock’s worth a specific $6.22 a pop, but hold your horses; it’s not on any big-time stock market. Private club, folks.
Oh, and did I tell you they kicked all this off on Kickstarter way back in 2013? Raised a cool $1.1 million from backers then. Since those early days, they’ve cozied up to big names like, uh, Mark Cuban (imagine a shark emoji here) and raked in over 40 million altogether.
And then there’s this tidbit—kind of quirky—about them selling their wares to places like Dave & Buster’s. Over 18 million in sales there. Plus, they’ve got 400,000 players, or so they say. Wow, that’s a crowd. And they’re cranking out units like a factory that, well, makes treadmills. Up to 3,000 a month if you’re counting.
Anyway, where was I? Right, Virtuix is kind of on a roll. Whether you’re into VR, work for the military, or just love a treadmill that lets you play pretend soldier, they’re making waves. Or something like that.
