Virtuix Debuts on Nasdaq, Raises $11M to Fuel VR Growth
- Virtuix began trading on the Nasdaq Global Market under the ticker symbol “VTIX.”
- The company secured $11 million from Chicago Venture Partners to expand sales and production of its Omni One system.
Virtuix opened trading on the Nasdaq this week, marking its move from venture-backed startup to public company. Listed under the symbol “VTIX,” the direct listing was paired with an $11 million investment from Chicago Venture Partners. The funding will support sales and marketing of Omni One, the company’s home VR treadmill, which Virtuix says it can produce at a rate of 3,000 units per month.
“Going public provides us with access to capital to fund our growth and develop new products like Virtual Terrain Walk, our training system for the defense sector. Looking ahead, we believe our ‘dual-use’ strategy of supplementing high-volume consumer sales with high-margin defense contracts positions us for achieving continued growth and creating long-term value for our shareholders,” said Jan Goetgeluk, Virtuix’s founder and CEO, in a press release.
Launched in 2013 and headquartered in Austin, Virtuix builds full-body virtual reality systems that enable natural movement through AI-generated environments. Its core product line, the Omni, consists of omnidirectional treadmills that allow users to walk, run, crouch, and jump in 360 degrees. These systems are used across consumer, enterprise, and defense applications, including environments built using 3D reconstruction methods like Gaussian splatting.
The company reported 138% year-over-year revenue growth for the six months ending September 30, 2025. Since its origins as a $1.1 million Kickstarter campaign, Virtuix has raised $50 million from backers, including Mark Cuban, Maveron, and Scout Ventures.
🌀 Tom’s Take:
From a $1.1 million Kickstarter campaign to a Nasdaq listing, Virtuix’s path is a rare case of long-game hardware execution in VR.
Source: GlobeNewswire / Virtuix