AEXLAB offering is now closed and is no longer accepting investments.
INVEST IN AEXLAB TODAY!
A virtual reality technology studio.
$1,352,939.60 Raised
REASONS TO INVEST
Booming Market: The global virtual reality gaming market (source below) size is expected to reach $92.31 billion by 2027, expanding at a CAGR of 30.2% over the forecast period (source below).
Organic Growth: During 2021, our community has grown more than 5200%. AEXLAB consistently garners interest from passionate gamers, VR enthusiasts, competitive esports teams and leading VR content creators.
VR Technology: AEXLAB’s proprietary licensable systems include solutions for haptics, audio spatialization, firearm simulation, virtual reality human interfaces, and real-time social and gaming networking technology.
OVERVIEW
Our biggest experience just got a lot bigger and the best is yet to come...
The virtual reality industry is experiencing unprecedented growth thanks to the continuing vast adoption of VR. Here at AEXLAB, we’re uniquely positioned to leverage this momentum.
2021 is the year for VR
- The CEO of Unity (NYSE:U) predicted AR-VR headsets will be as common as game consoles by 2030
- Facebook (NASDAQ:FB) announced that Quest 2 sales have sold upwards of 5 million units in just 6 months
- and Apple (NASDAQ:AAPL) is believed to be nearing entry into VR with a headset in development and has already begun to acquire multiple AR/VR companies to further its work in the space
Recent Developments
VAIL VR, our flagship multiplayer VR game and social experience:
- Tested, validated and highly anticipated by top esports teams, media, and gamers
- Successfully implemented and tested our signature gamemode Artifact
- Surpassed tens of thousands of players waiting to test and play
The Studio:
- Successfully recruited and onboarded key talent
- Expanded office and user experience research lab in downtown Miami
- Built-out a user experience lab to host demos and track player feedback
Comparable VR Studios:
- March 2021: Rec Room raised $100 million at a $1.25B valuation from Sequoia and Index
- June 2021: Facebook acquired its 5th VR game development studio
- July 2021: VR Chat raised an $80 million dollar series D from Anthos Capital and Makers Fund
THE PROBLEM
Virtual reality content is seriously lacking just as the market is exploding.
From our research and experience, we’ve found that:
- VR lacks a market leader for esports and competitive shooters
- PC and console games lack social depth (as they are voice-chat only)
- The development and investment in VR hardware has entirely outpaced VR software
THE SOLUTION
Cutting edge interactive VR technology
AEXLAB bridges the gap that the VR gaming market is facing.
- VAIL is built specifically for VR, and is designed with viewership in mind for esports.
- We’re bringing first class social experiences to VR with full body presence, spatialized audio and interactivity.
- We recognize that gaming is now a first-class social activity, and market leaders will lag behind on adopting the new technologies and paradigms.
THE MARKET
VR gaming is a multibillion dollar global market
Virtual reality is where the internet was 20 years ago, it’s a nascent high growth market that has the power to change everything.
The number of gamers worldwide is still on the rise and will exceed 3 billion by 2023. The global games market revenue for 2020 was about $159.3, with a +9.3% year-on-year increase.
The global virtual reality in gaming market size is expected to reach $92.31 billion by 2027, expanding at a CAGR of 30.2% over the forecast period. The intensifying demand for technologically progressive electronic games amongst millennials is anticipated to drive market growth from 2020 to 2027.
Long-term growth for AR and VR headsets will be strong throughout the forecast period with shipments growing to 76.7 million units in 2024, resulting in a compound annual growth rate (CAGR) of 81.5%.
(Source)
OUR TRACTION
We believe our core technologies position us to be the gold standard for VR look and feel
Our core systems have been built to overcome various challenges developers face while building virtual reality games. With a strong foundation from our earlier projects and thousands of testers, resulting in continuous improvements and iterative development.
Our systems currently include solutions for haptics, audio spatialization, firearm simulation, virtual reality human interfaces, and real-time social and gaming networking technology."
As of June 2021, we are actively conducting a closed alpha test with over 1000 competitive players, have tens of thousands of players waiting to test, and have received press from the following:
Upload VR
Bleeding Cool
VR Focus
Drop the Spotlight
Invision Community UK
Gaming Lyfe
Realtie Virtuelle
Tech News Inc
Versus Media MX
VR Source
Into the VR World
VR Scout
The Gaming Ground
VR Final
Realo Virtual
Vortez.cz
VR-Gamerz
No Frag
Two Average Gamers
Forbes
NASDAQ
WHAT WE DO
Advanced VR gaming from the comfort of your home
With a PC virtual reality headset, you download, and click play. We support all major headset manufacturers (Lenovo, Hewlett Packard, Oculus, Valve, HTC, Windows Mixed Reality, and more.)
THE BUSINESS MODEL
Multiple revenue streams from numerous verticals
Our business model currently employs the following pillars:
HOW WE ARE DIFFERENT
We aim to be at the forefront of VR innovation, and place a heavy emphasis on the social component of gaming
Many larger studios have followed a waterfall development model geared for traditional flat-screen gaming, which has made them much slower to react to the recent trend and adoption of VR. Our studio, however, is among the few players that have been able to mobilize quickly by developing solely for VR, from the ground up.
AEXLAB is pre-revenue and in the early stages of the virtual reality game market, providing new ways to monetize and be social. We see the benefit of investing lots of time and effort into building our community and working with players to create the best experience possible.
THE VISION
AEXLAB aims to lead the charge for socially-driven VR innovation
We believe VAIL will be the market leader for VR shooter games, and retention will be driven even further by creating an extraordinary social experience: a new way to connect, spend time with, and play with your friends.
Cybernetic nights will be the new norm, and games will no longer just be marketed to one group or identity.
OUR FOUNDERS
Our team is diversely skilled, and united by a passion for technology
Elizabeth Ann Clark
Founder
Chief Creative Officer
Elizabeth draws on her background in world-building, design, and film to lead AEXLAB’s art direction and visual communication. She created Water Planet, a hybrid video game/music video experience that broke grounds in the multimedia world. She presented her projects at the Institute of Contemporary Art Miami, VR World NYC, Bonnaroo + III Points Music and Technology Festival. She also collaborated with Redbull, IMVU, and Faena Art, and has been featured in Vice and Forbes. She envisions AEXLAB’s projects as total experiences that coordinate sound and sight with movement to create a truly immersive experience. Just as film revolutionized storytelling with visual possibilities, she will ensure that VR’s interactivity will have an even greater impact on social entertainment.
Albert Ovadia
Founder
Chief Technology Officer
Albert is at the helm of programming and systems architecture for AEXLAB. An intrepid technologist, member of the Audio Engineering Society, and gamer. He works to challenge the status quo in virtual reality experiences.
Jonathan Ovadia
Founder
Chief Executive Officer
Jonathan, a virtual reality evangelist and gamer brings his background in finance and development to AEXLAB. Piqued by the new convergence of virtual reality and virtual social spaces, Jonathan sees the metaverse as the next phase of technology for society. Jonathan holds a Master’s degree in Real Estate Development from the University of Miami.
WHY INVEST
We strive to stay leaps and bounds ahead of the competition, creating a new industry standard for VR
Gaming has always been a social experience, and these trends have only accelerated in recent years. While the last decade was all about leaving behind traditional media for social media, this next one will be about leaving behind social media for interactive media. VAIL is where virtual reality, esports, and social gaming meet, and we are creating the industry standard for how users expect to interact with VR.
Now we are raising capital to ramp up and deliver the ultimate VR experience.
We hope you’ll join the effort and become a part of the future of virtual reality and gaming!
(or click)
ABOUT
HEADQUARTERS
44 W Flagler St., Suite 600
Miami, FL 33130
WEBSITE
View Site
With an unparalleled VR experience already engaging some of the largest names in esports and media, AEXLAB is continuing to lead the market with cutting edge virtual reality experiences and technology to provide gamers with high-quality, immersive, interactive and social gaming experiences.
TEAM
Elizabeth Ann Clark
Chief Creative Officer
Albert Ovadia
Chief Technology Officer
Jonathan Ovadia
Chief Executive Officer
Array Bercov
Chief Creative Technologist
Mark Terra
Creative Director
Charles A. S. Taylor
Game Development Consultant
Kevin Castro
Strategy Director
Ben Way
Futurologist Advisor
Jason Blilie
Legal Advisor
Through Blilie Law, Jason has worked with many of Miami's premier startup companies, represented tech companies in raising millions from private investors in both debt and equity capital, and represented clients through merger and acquisition transactions.
Jason is the former Co-Chair of the Miami Beach Chamber of Commerce's Technology Council, and as part of his effort to support the South Florida innovation ecosystems, he formed Tech Beach, a technology / startup community group with more than 5000 members.
Dr. Majid Almansouri
Strategic Advisor
Asaf Abramovich
Board Advisor - Investments
TERMS
AEXLAB
Overview
PRICE PER SHARE
$20
DEADLINE
Dec 1, 2021
VALUATION
$51.01M
AMOUNT RAISED
$1,352,939.60
Breakdown
MIN INVESTMENT
$100
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
500
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Class A Common Stock
MAX NUMBER OF SHARES OFFERED
70,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | AEXLAB Inc. |
Corporate Address | : | 44 W Flagler St., Suite 600, Miami, FL 33130 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,400,000.00 |
Minimum Investment Amount(per investor) | : | $100.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Class A Common Stock |
Minimum Number of Shares Offered | : | 500 |
Maximum Number of Shares Offered | : | 70,000 |
Price per Share | : | $20.00 |
Pre-Money Valuation | : | $51,008,980.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investor Perks*
Time-Based:
Tero (Earth) - The foundation of everything
Invest within the first week and receive 10% bonus shares of Class A Common Stock (Non-Voting).
Luno (Moon) - Life wouldn’t be the same without it
Invest within first two weeks and receive 5% bonus shares of Class A Common Stock (Non-Voting).
Amount-Based:
$100+
I - Pretere (Beyond)
Key to test the game.
$500+
II - Protector (Emerald)
Invitation to private investor community.
$2,500+
III - Futurist (Sapphire)
Above perks + Video call with founder.
$5,000+
IV - Legend (Onyx)
Above perks + Invitation to AEXLAB studio in Miami, FL. Travel and accommodation not included.
$10,000+
V - Offworld (Diamond)
Above perks + Invitation to VAIL launch party + 5% bonus shares of Class A Common Stock (Non-Voting).
*All perks occur when the offering is completed.
The 10% StartEngine Owners’ Bonus
AEXLAB will offer 10% additional bonus shares of Class A Common Stock (Non-Voting) for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer’s bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares of Class A Common Stock (Non-Voting) which they purchase in this offering. For example, if you buy 100 shares of common shares at $20.00 / share, you will receive 110 shares, meaning you’ll own 110 shares for $2,000. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Any expense labeled “Travel and Entertainment”.
PRESS
ALL UPDATES
09.16.22
Vote for VAIL VR to be game of the year!
Hello everyone,
VAIL VR was nominated to be game of the year. The second part is the community vote which starts now through Sept 30th.
Time to vote for your @VRAwards VR Game of the Year and VAIL VR is in the running to take home the trophy!
🏆 vote here: https://bit.ly/3BjAGfU Get your vote in by 29th Sept, 11 pm BST. #VRA22
Grab your tickets to the ceremony here: https://bit.ly/3S1R6AC
09.13.22
AEXLAB Invites all Investors to our Finals on October 1st in Miami!
06.15.22
VAIL VR Beta Launches July 1st!!! Check out the Beta Trailer!!
Check out our VAIL VR Beta Trailer! Don't forget to Like, Comment, and Subscribe! Beta begins July 1st! Stay up to date with the latest VAIL VR/AEXLAB news! A lot is coming soon ;)
01.03.22
AEXLAB Featured in Miami Herald and our first 2022 update
Hello community members and shareholders,
First off, happy new year!!!
AEXLAB was featured in the Miami Herald.
This year we have a lot happening and are excited to make some announcements soon. Please stay in touch and look out for updates in our Discord:
Some high-level updates include but are not limited to:
We successfully sold out our NFT project for 600 Ethereum, brought on a few new teammates that include a map-maker, programmer, community manager, and are still hiring!
Don't forget to tune in to discord.
Best,
Jonathan
11.29.21
AEXLAB closes on Nov 30th
Hello, just a friendly reminder that AEXLAB is closing the raise on Nov 30th.
11.27.21
AEXLAB closes on Nov 30th
Hello, just a friendly reminder that AEXLAB is closing the raise on Nov 30th.
11.22.21
Only 8 Days Left to Invest
Hello community members,
We are so grateful to have you all. As we get ready to close our second StartEngine raise, we invite anyone in Miami to join our celebration party on Nov 29th.
Best,
Tropical
11.19.21
AEXLAB nears closing on Nov 30th
Hello friends,
Don't miss out on our raise.
Best,
Tropical
11.18.21
Join VAIL VR Discord for a community live playtest on Nov 19th @ 12pm EST
discord.gg/vailvr
11.16.21
AEXLAB CLOSING NOV 30TH - Celebrating with a party on Nov 29th in Miami, FL
Hello friends,
Please join us on Nov 29th at Faena Forum in Miami Beach Florida at 7 pm for an AEXLAB party to celebrate our family!
You know how to reach us for the details.
Best,
tropical#4068
REWARDS
$100
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$100
I - Pretere (Beyond)
Key to test the game.
$500
II - Protector (Emerald)
Invitation to private investor community.
$2,500
III - Futurist (Sapphire)
Above perks + Video call with founder.
$5,000
IV - Legend (Onyx)
Above perks + Invitation to AEXLAB studio in Miami, FL. Travel and accommodation not included.
$10,000
V - Offworld (Diamond)
Above perks + Invitation to VAIL launch party + 5% bonus shares of Class A Common Stock (Non-Voting).
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
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For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
