Virtuix

Virtuix was founded in April 2013 and was one of the pioneers of the recent wave of Virtual Reality (“VR”) innovation. The launch of the Microsoft Kinect in November 2010 prompted Virtuix Founder and CEO Jan Goetgeluk to believe that virtual reality was about to make a come-back. He started working on the Omni motion platform in 2011, driven by a desire to walk naturally in VR instead of pushing buttons on a gamepad or keyboard while sitting on a chair. After two years of research and development, Goetgeluk launched the Omni Kickstarter campaign in June 2013, which raised more than $1.1MM and became one of the most successful Kickstarter campaigns at that time.

Since those early days, Virtuix transitioned from focusing on the consumer market to selling Omni systems to the commercial market, primarily to location-based entertainment venues through the company’s global distribution network. Virtuix has shipped more than 3,000 Omni systems to date, and distributors have installed Omnis in over 500 commercial venues on five continents, making the Omni the most widely distributed VR hardware besides the headsets.

Since its Kickstarter campaign in 2013, Virtuix raised $20MM from investors including 10 venture capital funds, two strategic investors, Mark Cuban Companies, and private investors. The company has grown to a team of 30 employees with offices in Austin, TX (its headquarters), and in Zhuhai and Shanghai, China.

 

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