AEXLAB has recently announced that it has raised more than $700,000 on StartEngine in under 3 weeks. The VR technology company is raising funds to continue its development of virtual reality experience by using innovative technology to produce immersive gaming experiences.

AEXLAB, founded in 2015, has a proprietary system, which includes solutions for audio spatialization, haptics, VR human interfaces, firearm simulation, and real-time gaming and social networking technology. 

As AEXLAB’s first gaming franchise, the expected VAIL franchise’s closed alpha has brought everyone from esports competitors, experienced amateur players, and those who are entirely new to the virtual reality scene.

“Virtual reality should be a first-class socially immersive experience available to a wide array of consumers. Up until now, those who wanted to engage in a VR experience had to spend thousands of dollars to obtain the necessary equipment. AEXLAB offers an all-encompassing VR experience at a fraction of the price, all without the need to connect to a desktop.” – Jonathan Ovadia, CEO, AEXLAB.

With VAIL, gamers load into an immersive space and invite friends and families to socialize before starting the game. With a PC VR headset, gamers download the game to play. AEXLAB’s product is compatible with almost all VR headset manufacturers, including Hewlett Packard, Lenovo, Oculus, HTC, Valve, Windows Mixed Reality, etc.

AEXLAB’s leadership team consists of Elizabeth Ann Clark, CEO, and Albert Ovadia, CTO, and a member of the Audio Engineering Society.

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