Radix Motion

Radix Motion

Using immersive technology to let people connect physically even if they are far

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Security Type
SAFE
Categories
Other
Min Investment
$25
Location
San Francisco, CA
Offering Date
May 29, 2020
Expected Close Date
September 18, 2020
Target Raise
$50.00K-$250.00K
Deal Notes

$25K+ pro rata right threshold

Company Description

Radix Motion combines neuroscience and immersive technology to strengthen the connection between brain and body. Meu, our prototype, is the first social platform based on 3D human movement data. Players can share their 3D moves and play asynchronous movement games or create their embodied emojis and share them as gifs anywhere. Meu uses Radix Motion's Movement Data Channels, uniquely bridging VR and mobile AR. We are building an API into our tech to transform the spacial computing industry.

Perks

$250+ A special thank you 3D Meu message created for you.
$1,000+ Lifetime FREE use of all our future premium features.
$10,000+ We will design a unique Avatar in Meu based on your wishes or fantasies. (Must be aligned to Meu terms of use)

Key Deal Facts

The future of human communication is in 3D and we have the 1st product utilizing 3D movement data.
We have a VR prototype with >1.5k users sending 3D interactive hugs, dances & kisses asynchronously.
We are launching an AR mobile app at AWE pitch competition, the largest augmented reality event.
Our products are based on our CEO's published neuroscience research into embodiment and psychedelics
Our team lives and breathes immersive technology and both co-founders are experienced entrepreneurs.
Since Covid-19: creating 3D-enhanced parties funded by users donating. 55% increase in use in April.
Our API can transform many industries and enable research into psychedelic states and embodiment.
Our AR & VR apps were built with a 90K investment, don't you want to see what we build with more $?

Use of Proceeds

If $50,000 is raised:

Finish Developing Social Network features (90%): >Import contacts from phone (also into VR) >Implement sending group messages. > Export AR messages to 2D media (tiktok/giphy) Sales/Marketing (2.5%): >Reach out to festivals/conferences>Reach out to dancer and movement influencers Wefunder intermediary fee (7.5%)

If $150,000 is raised:

All of the above, plus develop advanced features (92.5%): > Multiple Avatars (Option for users to upload their 3D faces) >More accurate analysis of movement similarity and control panel to give users feedback of their movements. Wefunder intermediary fee (7.5%)

If $250,000 is raised:

All of the above, plus develop API: allow other apps to benefit from our movement data channels. (90%) Sales/Marketing - find initial testers and clients for API (2.5%). Wefunder intermediary fee (7.5%)

Management Team / Advisory Board Bios

Sarah Hashkes
CEO
Opened the first immersive VR lab at Radboud university. Published the first academic paper using the Predictive Coding frameworks to explain what psychedelics do to brains. I've built prototypes for 3 other start-ups and a VR experience for FB.

Matthew How
CTO
Helped launch the first interactive and procedural animated virtual character on twitch. I'm a full stack developer with a passion for dance and media.

Deal Notes

$25K+ pro rata right threshold

Amount Raised : $57,726
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Security Description

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