Virtuix

company

About

Virtuix is a developer of a virtual reality platform that enables players to walk and run in 360 degrees in virtual reality.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$3M
Industries
Apps,Consumer Electronics,Virtual Reality
Founded date
Feb 21, 2013
Number Of Employee
11 - 50
Operating Status
Active

Virtuix is a developer of a virtual reality platform that enables players to walk and run in 360 degrees in virtual reality. Its Virtuix Omni is the first virtual reality interface for moving freely and naturally in VR games and applications.

Virtuix was founded in April 2013 and was one of the pioneers of the recent wave of VR innovation. Virtuix sells Omni systems to enterprise customers and location-based entertainment venues through the company’s global distribution network. Virtuix has shipped more than 3,500 Omni systems to date, and distributors have installed Omnis in over 500 commercial venues in 45 countries, making the Omni the most widely distributed VR hardware besides headsets. In November 2018, Virtuix unveiled Omni Arena, a turnkey esports attraction for high-end entertainment centers.

Since its Kickstarter campaign in 2013, Virtuix raised $20MM from investors including Mark Cuban, 12 venture capital funds, two strategic investors, and private investors. The company has grown to a team of 35 employees with offices in Austin, TX (its headquarters), and in Zhuhai and Shanghai, China.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$6M
Virtuix has raised a total of $6M in funding over 2 rounds. Their latest funding was raised on Dec 10, 2014 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 10, 2014 Seed $3M 1 Scentan Ventures Detail
Apr 24, 2014 Seed $3M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Virtuix is funded by 1 investors. Scentan Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Scentan Ventures Yes Seed