# AEXLAB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aexlab

- Industry: Software
- Headquarters: Miami, US
- Website: www.aexlab.com
- Total disclosed funding: $5M
- Latest round: Series A (Feb 15, 2022)
- Investors on record: 4

## About

Based in Florida, US, and founded in 2015 by Jonathan Ovadia, Albert Ovadia and Elizabeth Clark, AEXLAB, Inc. operates as a developer of technologies for gaming, simulation, and social experiences. In February 2022, AEXLAB, Inc. raised USD 5 million in seed funding from new investors Fuel Venture Capital, eGirl Capital, Subversive Capital, and Valor Equity Partners.

The company develops VAIL VR game which is a multiplayer first-person shooter game involving gunplay, and combat, and also allows users to play sports, create art, music, and host virtual events.

The company plans to use the funds to scale up their development team as they prepare to launch their inaugural game franchise, VAIL VR, in time for the holiday season. The company also plans to increase the number of employees to 50 by the end of 2022.

## Funding rounds

- Series A, Feb 15, 2022, $5M — Valor Equity Partners, Fuel Venture Capital, Subversive Capital, eGirl Capital

## Investors

- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A
- Fuel Venture Capital (https://capitalatlas.ai/funds/fuel-venture-capital) — Series A
- Subversive Capital (https://capitalatlas.ai/funds/subversive-capital) — Series A
- eGirl Capital (https://capitalatlas.ai/funds/egirl-capital) — Series A