Tech Company Financing Transactions
Aug X Labs Funding Round
Aug X Labs, operating out of New York, secured $3.1 million from Unlock Venture Partners, Dropbox and Flying Fish Partners.
Transaction Overview
Company Name
Announced On
9/28/2023
Transaction Type
Venture Equity
Amount
$3,100,000
Round
Undisclosed
Investors
Unlock Venture Partners (Lead Investor) (Andy Liu)
private investors (Eric Ries)
private investors (Shae Hong)
Proceeds Purpose
The funds for the oversubscribed funding round will be utilized to expand the team, further develop core technologies, and enhance customer acquisition efforts for its flagship product, Augie, as it prepares to exit beta later this year.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Aug X Labs is a new AI video technology startup solving a huge challenge for content #creators. We're helping people make more compelling #videos, at a fraction of the time and effort. We're currently fundraising and hiring across multiple roles, and building our initial product.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeremy Toeman
Chief Technical Officer
Scott Havird
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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