The Virtuix Omni One VR treadmill system is set to receive a significant financial boost after a successful seed investment campaign. Despite facing a two-year launch delay due to the pandemic, a new investment campaign is on the verge of surpassing its $5 million goal by the deadline of August 10.
The latest round of funding has garnered support from both private and institutional investors, with JC Team Capital, a previous backer of Virtuix, leading the investment round. Parth Jani, the founder and CEO of JC Team, will join Virtuix’s board of directors as part of this collaboration. The funding infusion is earmarked for accelerating the production of the Omni One and achieving profitability by 2024.Continue reading… “Virtuix Omni One VR Treadmill Secures Fresh Funding, Aims for Production Boost”