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Virtuix Raises $3 Million for Virtual Reality Treadmill

by Eric Johnson

Virtuix said today it had raised $3 million in seed funding for the Omni, a treadmill that works with virtual reality headsets like the Oculus Rift to give players the sense of motion as well as sight in a 360-degree virtual world. The chief investors include Tekton Ventures and Maveron, but also participating was Radical Ventures, Mark Cuban’s venture capital firm. An earlier prototype of the Omni was ridiculed last year on Cuban’s reality TV show “Shark Tank,” but the TV appearance caused preorders to quadruple. Virtuix CEO Jan Goetgeluk told Re/code the final Omni will be “compatible with any headset,” not just the Rift, and will be easier to disassemble and store.

This article originally appeared on Recode.net.

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