Skip to main content

Virtuix’s Omni grabs $3 million in funding

virtuixs omni grabs 3 million funding
Image used with permission by copyright holder

Virtuix, the makers of the Omni virtual reality treadmill, have completed a $3 million round of funding to help expand production of the Omni. The money is described as “seed money,” and comes from several different investors.

“Virtual reality technology has finally caught up to the vision consumers have had for decades,” Virtuix CEO Jan Goetgeluk said in the company’s press release. “The Omni transforms seated virtual reality into a fully immersive, active experience. These funds ensure that we can deliver a great virtual reality platform to our passionate existing community as well as to new audiences and markets that are emerging every day.”

Earlier this month Virtuix announced that the first generation of the Omni would begin to ship as early as July; those that are just now putting in their pre-orders may have to wait until September or later though. For the price of $499 you receive the treadmill itself, the harness that holds you in, the software you’ll need to run it all, and a pair of custom shoes. The Omni is designed to work with the Oculus Rift and other VR headsets, but they are sold separately.

Before the Omni ships though, Virtuix is first planning on introducing the new, official retail model. It will be similar to the prototype, but there will be a few changes. We should be seeing more on that around E3.

The new round of funding should help speed up the manufacturing and production timeline of this new retail model. The Omni originally began as a Kickstarter product in 2013, where it went on to raise $1.1 million. In order to raise this new round of capital, Virtuix looked to SeedInvest, an equity crowdfunding platform where investors are brought together with company’s seeking funding.

So far to date, the Omni has pre-sold over 3,000 units.

Editors' Recommendations

Ryan Fleming
Former Digital Trends Contributor
Ryan Fleming is the Gaming and Cinema Editor for Digital Trends. He joined the DT staff in 2009 after spending time covering…
3 PlayStation Plus games you need to play this weekend (May 10-12)
Miles Morales in Spider-Man outfit fending off crime.

The weekend is here, so you probably want to sit back and relax by playing some video games. If you're subscribed to PlayStation Plus Premium or Extra on PS4 or PS5, then there are tons of fantastic titles to choose from in the subscription service's vast game catalog. It's a lot to sift through, so I've handpicked three titles I think you should check out if you haven't played them already.

One is a superhero game that launched alongside the PS5 and can be beaten within a weekend. The next is an eerie indie Metroidvania that just got added to PS Plus Extra when it launched on May 9. Finally, there's a sequel to a fantastic roguelike (not Hades 2) where you play as a new person in the same family every time you die.
Marvel's Spider-Man: Miles Morales

Read more
3 free video games you should play this weekend (May 10-12)
A titan wielding a grenade launcher in Destiny 2..

Whenever we recommend games at Digital Trends, we tend to go heavy on titles available on subscription services like Xbox Game Pass. Rather than telling our readers to buy new games, we always try to find ones that might be on services they're already paying for. Still, that doesn't cover every player. There are plenty of more casual gaming fans who aren't subscribed to any service that offers extra games. We don't want to leave them out, do we?

If you're in that category, or you're simply strapped for cash, we've got some recommendations for some free games you can try this weekend. I don't mean "free with a subscription" either. I'm talking about games that will cost you nothing to start, even if you decide you want to spend money on them later. From a mobile game I can't get enough of to a a popular MMO that just made all of its DLC free, these are three free games you can dive into this weekend.
Destiny 2

Read more
Wordle Today: Wordle answer and hints for May 10
Someone playing Wordle on a smartphone.

We have the solution to Wordle on May 10, as well as some helpful hints to help you figure out the answer yourself, right here. We've placed the answer at the bottom of the page, so we don't ruin the surprise before you've had a chance to work through the clues. So let's dive in, starting with a reminder of yesterday's answer.
Yesterday's Wordle answer
Let's start by first reminding ourselves of yesterday's Wordle answer for those new to the game or who don't play it daily, which was "JERKY." So we can say that the Wordle answer today definitely isn't that. Now, with that in mind, perhaps take another stab at it using one of these Wordle starting words and circle back if you have no luck.
Hints for today's Wordle
Still can't figure it out? We have today's Wordle answer right here, below. But first, one more thing: Let's take a look at three hints that could help you find the solution, without giving it away, so there's no need to feel guilty about keeping your streak alive -- you put in some work, after all! Or just keep scrolling for the answer.

Today’s Wordle starts with the letter M.
Today’s Wordle uses three vowels.
Today's Wordle refers to the various means of communication that reach or influence people widely.

Read more