AEXLAB

Growth Stage

A virtual reality technology studio.

Analytics

Raised to Date: Raised: $1,399,466

Aggregate Commitments $

Platform

StartEngine

Start Date

07/14/2021

Close Date

11/30/2021

Min. Goal

$10,000

Max. Goal

$1,400,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$51,008,980

Rolling Commitments $

Status
Funded
Reporting Date

12/05/2021

Days Remaining
Funded
% of Min. Goal

13,995%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$10,068

Momentum
Funded
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Location

Miami, Florida

Industry

Media, Entertainment & Publishing

Tech Sector

GamingTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

High Growth

AEXLAB, with a $51 million pre-money valuation, is raising funds on StartEngine. It is a virtual reality company offering unparalleled technology experience to gamers. The company has developed interactive VR technology for high-quality, immersive, and social gaming experiences. Jonathan Ovadia founded AEXLAB in January 2021 and raised over $1 million through the previous round of crowdfunding on StartEngine. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,100,000, will be used for innovation, growth, and expansion. AEXLAB is soon going to launch its first gaming franchise, VAIL, which aims to redesign gamers’ lobbies. The solutions offered by the company will not only be used in esports but also for haptics, firearm simulation, VR human interfaces, and audio spatialization.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/14/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
AEXLAB 11/30/2021 StartEngine $51,008,980 $1,399,466 Equity - Common Funded RegCF
AEXLAB 07/07/2021 StartEngine $12,000,000 $1,069,891 Equity - Common Funded RegCF
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AEXLAB on StartEngine 2021
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $51,008,980
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