[UPDATED] Stealthy New Startup REM5 Is Raising $200k For A ‘VR Lounge’



Updated 6/29/18: A paywalled report indicates that the company is moving forward on 8k ft. at 4950 W 35th St. in St. Louis Park, tentatively scheduled for August with “A lounge space and several semi-private virtual reality lounges with the business focusing on entertainment offerings, drinks and food at night, and partnering with local schools for educational programs during the day.”

Meanwhile, Voxel just expanded and Salt Lake City franchise The VOID is also coming to Mpls.

Original 5/8/18: A new startup headquartered in Minneapolis called REM5vr is raising $200k SAFE with $60k secured, per SEC disclosure.