Virtuix, a virtual reality motion platform that may transform the gaming industry with a previously unheard of sense of immersive gameplay experience, is preparing to raise capital under Regulation A+ on SeedInvest. The company has generated over $19 million in indicated interest to date. The Series A funding seeks a max raise of $15 million – so it looks pretty good so far. Crowdfund Insider has covered the funding round and recently Virtuix offered me the opportunity to experience the Virtuix Omni, along with the Oculus headset, and it was simply awesome.
First things first, I was worried that it would be flimsy and I wouldn’t feel safe. It was sturdy and there was no way I could “fall”. Also, once in the game, while the graphics weren’t realistic, the spatial relationships and movement was, and it was so fun to be surrounded by the robot aliens and shoot them. I am not a gamer but could really see myself enjoying this. I see how this could be used by the whole family, and my husband is totally jealous I got to try it. I also love all the potential uses, from education to health care; I am excited to see where they take this.
Virtuix is preparing to ship its first batch having presold thousands of Omni’s and will be first to market with their VR motion platform. I can see the Omni becoming standard equipment in every household with a serious gamer. Beyond gaming, Virtuix sees many other potential vertical uses.
Will 2016 be the year of Virtual Reality? I don’t know if this is the year but it is definitely coming.
Georgia P. Quinn is the CEO and co-founder of iDisclose, an adaptive web-based application that enables entrepreneurs to prepare customized institutional grade private placement documents for a fraction of the time and cost. Heralded by Thomson-Reuters as a Top Female Attorney in New York City, she also serves as of counsel at the leading firm in crowdfunding, Ellenoff, Grossman & Schole, specializing in facilitating financial transactions and compliance with JOBS Act regulations. A foremost expert in corporate finance, she has worked on over $1 billion in business transactions over the course of her legal career. Prior to founding iDisclose, Georgia represented several Fortune 500 companies in financings for six years at Weil, Gotshal & Manges, one of the top ten law firms in the world, and then for over two years at Seyfarth Shaw, a leader in legal technology. As a globally recognized thought leader in the crowdfunding space, she has been a featured speaker at multiple conferences and has presented to such authorities as the Securities and Exchange Commission (SEC) and the American Bar Association (ABA).
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