Crowdfund Insider reported yesterday that Virtuix was nearing the $10 million mark in indicated interest and today the company reports it has now topped this mark as more than 1,250 have registered on SeedInvest stating their intent to purchase shares in the Regluation A+ offer. This means the Series A crowdfunding round has an average investor intent of approximately $8240.
Founder and CEO of Virtuix Jan Goetgeluk released a statement;
“We are thrilled to see the overwhelmingly positive response to our testing-the-waters campaign. Our company owes its beginning to the support of the passionate virtual reality community. Now, with Regulation A, our customers and supporters may have a chance to buy shares in Virtuix alongside Silicon Valley venture capitalists and global institutional investors.”
Virtuix has developed the Omni platform that pairs with virtual reality headsets. Omni facilitates the motion that should drive a killer experience for VR fans. Virtuix plans to use any proceeds to fund growth and further product development. The company’s vision is to have an Omni be part of every Active VR setup both for home use and for commercial applications that include out-of-home entertainment, training and simulation, and virtual tourism.
More than $10.3MM of investment interest by 1,250+ people in one week! Interested in investing too? https://t.co/UGOvAbERTH
— Virtuix Omni (@VirtuixOmni) January 13, 2016
Virtuix is using Regulation A+ to raise capital. This is a new securities exemption that allows anyone to invest – not just “accredited investors”. The company hopes to raise a maximum amount of $15 million. Once the TTW campaign is completed Virtuix will file with the SEC to sell shares.
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