Skip to main content
  1. Home
  2. Gaming
  3. Legacy Archives

Virtuix’s Omni grabs $3 million in funding

Add as a preferred source on Google

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.”

Recommended Videos

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.

Ryan Fleming
Former Gaming/Movies Editor
Ryan Fleming is the Gaming and Cinema Editor for Digital Trends. He joined the DT staff in 2009 after spending time covering…
These gaming accessories are heavily discounted for Prime Day, and I’d buy them myself
After reviewing countless gaming products over the years, these are the Prime Day deals that impressed me the most.
Computer, Computer Hardware, Computer Keyboard

As someone who spends a good chunk of my day gaming, testing gaming hardware, and reviewing everything from monitors and headsets to mice and controllers, I'm always keeping an eye out for genuinely good deals. Over the years, I've used and reviewed hundreds of gaming products, which has also taught me that not every Prime Day discount is as good as it looks. Some products are discounted for a reason, while others become genuinely compelling purchases once the price drops. After digging through this year's Prime Day offers, I've narrowed the list down to gaming accessories that I'd actually recommend to friends and fellow gamers. Whether you're looking for a massive display to transform your battlestation, a tournament-ready controller, or a premium wireless headset, these are the deals that stood out because of their performance, value, and the amount of money you're saving.

1. Sceptre C415B-UUS360 Curved gaming monitor -- best big-screen upgrade

Read more
GTA VI finally gets a price tag and a no-disc rule for physical edition
It will be a single-player experience when it lands on PlayStation 5 and Xbox Series X|S on November 19th.
Poster for GTA 6 game.

Rockstar Games has finally confirmed the asking price of its highly anticipated game, Grand Theft Auto VI aka GTA 6. The game is going to cost $79.99 in the US for the standard edition, and if you're willing to plonk extra cash on the Ultimate Edition, you will have to part ways with $99.99 per copy. Pre-orders for the game are starting today, June 26th, at midnight, and you will be able to reserve a copy for the PlayStation 5, Xbox Series S, and Xbox Series X.

The asking price is definitely on the higher side. However, it's still below the $100+ speculations that were floating just a few weeks ago. By PC and console gaming standards, $80 as a starting price is still quite a high fee. So far, only Nintendo has been able to sell games with a similar price tag and has courted plenty of backlash for it, as well.

Read more
Netflix’s new horror game turns your phone into the controller, and it rings during gameplay
Unhinged offers two ways to play, a stakes-free Story Mode or a tense Standard Mode with a shrinking timer and checkpoint restarts.
netflix-unhinged-game

Netflix just unveiled Unhinged, and it might be the strangest thing the streamer has ever put in its games tab. Arriving June 30, this interactive horror story does not need a console or controller. Instead, your own smartphone becomes the entire interface, and you receive phone calls that ring straight through your actual device mid-game.

https://twitter.com/netflix/status/2069450411656794287

Read more