Virtuix targets $10 mln in Regulation A offering
Virtuix said it will move forward with a mini IPO under the new Regulation A rules, targeting a $10 million fundraise. The fundraising will kick off on March 23 on the SeedInvest crowdfunding platform, and the online maximum for round is $15 million, the company said in a press release. The virtual reality company received more than $30 million of indicated interest in the round from more than 3,300 potential investors and has institutional interest from Scentan Ventures, Western Technology Investment, Tekton Ventures, and Scout Ventures, according to the press release.
10 March 2016•3 mins read
