Feb 17, 2024

AEXLAB’s VAIL VR Launches on Meta Quest Store after successful $5 million raise


AEXLABAEXLAB announced the launch of its highly anticipated VAIL VR game on Meta Quest.

The Miami-based startup, AEXLAB, is a virtual reality studio committed to creating meaningful technologies for gaming, simulation, social experiences, and more. VAIL VR is a first-person multiplayer shooter designed to revolutionize the VR gaming landscape with its dynamic gameplay and immersive social interactions, delivering unparalleled combat.

Vail VR - Official Meta Quest 2 Alpha Announce Trailer | Upload VR Showcase 2023 - IGN

screenshot of VAIL VR

Set against a backdrop of a future Earth divided between the Colonists and the REYAB Corporation, this conflict sets the stage for strategic teamplay and dynamic, immersive battles. While the lore enriches the game’s universe, the heart of VAIL lies in its player-driven competition of tactical gunplay and combat, where strategy, skill, and teamwork pave the way to victory. VAIL VR focuses on tactical gunplay and combat, promoting team-based action requiring teamwork to achieve victory.

Co-founded in 2015 by brothers Jonathan and Albert Ovadia as a passion project, AEXLAB is a virtual reality studio on a mission to create meaningful technologies for gaming, simulation and social experiences. The team shifted their focus from VR experiences in music to gaming in 2017. AEXLAB is leading the market with the development of cutting-edge software utilizing virtual reality technology to provide gamers with high-quality and immersive interactions.

In October 2022, AEXLAB held a major tournament for their new competitive VR game VAIL VR. The event ran for six weeks, with over 200 teams battling it out online to secure their spot in the LAN Finals held in Miami. Superblue Miami, an illustrious digital art gallery, partnered with the event to allow attendees to enjoy a full day of activities, with all the live matches showcased alongside several world-renowned artists’ work. With the official esports league launch in 2023, AEXLAB wanted to bring together the top creators, players, and brands in the VR community under one roof to foster a new era of gaming events. It is planned to be a continued annual event hosted across different cities worldwide to showcase the exciting world of competitive VR.

AEXLAB (@aexlabinc) / X

winning team at LAN Finals 2022

The event saw esports leaders and respected VR brands come together to share an event of competitive VR gaming with both a tournament and convention-style atmosphere. Activations from brands such as Smash Drums, Redpill, bHaptics, and many more were in attendance, allowing people to interact with esteemed VR brands. Entertainment was also provided thanks to the DJ and Youtuber, Thrillseeker, who played a set during the halftime show.

Initially introduced in November 2022 on SteamVR as an Early Access title and later on Meta Quest 2, 3, and Pro via the Meta App Lab, VAIL VR has undergone seven years of meticulous development and community-driven iterations. Now, stepping out of its early access phase, VAIL VR will be available for $29.99 USD, marking a significant milestone in the VR gaming industry.

Jonathan Ovadia

“The journey of bringing VAIL VR to life has been nothing short of exhilarating. We are thrilled to finally unveil the culmination of years of hard work and dedication to the VR community, said Jonathan Ovadia, CEO of AEXLAB, a Forbes 30 Under 30 honoree. “With VAIL VR, we aim to deliver an immersive gaming experience that pushes the boundaries of virtual reality.”

VAIL VR 1.0 introduces Quick Play matchmaking, enabling players to seamlessly join games and enjoy the thrill of competition without delay. The new progression system, ranging from levels 0 to 50, rewards players with not just weapons, sights, and emblems but also exclusive weapon and character skins, adding layers of customization and strategy. Additionally, VAIL now integrates leaderboards and comprehensive stats tracking, challenging players to ascend daily, weekly, and all-time rankings, showcasing their prowess and progress in the VAIL universe.

Jeff Ransdell

“Launching on the Meta Quest App is an important milestone for the groundbreaking team at AEXLAB. There’s nothing like VAIL VR out there on the market,” says Jeff Ransdell, Founder and Managing Director at Fuel Venture Capital.

The founders decided to go all-in and full-time on development, and in 2021 they launched an equity crowdfunding campaign. More than 1,500 people, many of them gamers, invested $2.5 million.

Following the crowdfunding success, Fuel Venture Capital led the $5 million Series A round which closed in the summer of 2023. The funds allowed the AEXLAB founders to to scale up their development team as they prepared to launch VAIL VR. The round also included real estate developer Craig Robins, as well as crypto investors Loomdart of eGirl Capital, Subversive Capital, and Valor Equity Partners.

You can start playing now here.