The company behind the innovative VR mobile device cybershoes has officially been closed, and on the surface, closed the final chapter of VR’s strangest movement perimeter.
The news was first reported by Antony “Skaar Red Ghost” Vichiro. It then reported that one of its branches was closed in 2024, leading to a folding of the Austria-based business in April 2025, and that the branch was closed.
It has also been pointed out mixture, Cybershoes co-founder Igor Mitrick Lavovsky was confirmed in a LinkedIn Post “Cybershoes GMBH officially closed a month ago.”
As an Austrian limited liability company, specific details regarding formal bankruptcy filings or bankruptcy proceedings are currently not available to the public. So there is no clear idea of how the company will proceed or how to proceed.
In particular, according to Vienna-based bankruptcy law specialist Andreas Hoadt (LL.M), Austrian companies are legally required to file for bankruptcy within 60 days of insolvency.
Unlike traditional VR treadmills that typically use parabolic bases and low friction shoes to allow users to move into VR, Cybershoes are designed for sitting VR gameplay. This device is essentially a pair of shoe-mounted rollers that contain an inertia measuring unit (IMU) for registering the orientation of the foot, allowing you to simulate walking and running in the game despite the comfort and safety of the chair.
Founded in 2018, Cybershoe has done pretty well for itself, despite never gaining public investment from traditional venture capital.
In 2018, the company attracted over 200,000 euros through its first Kickstarter campaign targeting PC VR users, helping to bring products from the Neat 3D Printed prototype to the professional fit and finish of the right consumer device.
In 2019, the company launched an Indiegogo fundraising campaign, which was able to attract an additional 140,000 euros from over 500 supporters. At the time, the company saw the Indiegogo campaign as a way to “continue to build awareness between consumers and potential investors.”
Then, in November 2020, Cybershoes launched a second kickstarter for the quest-compatible version of the device. This only ran the original PC VR focused device, which won around $98,000 from 470 backers.
At the time of writing, neither the official store nor Amazon is in stock. According to Amazon Price Tracker, it’s uncertain when Cybershoes run out of stock through their official website. Camel Camel Camelthe latest quest compatible version was out of stock in the second half of 2024.
For more information about Cybershoes, see the quest compatible version of Vitairo below.
