Aim Lab parent Statespace raises $15M in Series A

Statespace, a company that combines gaming with cognitive science and artificial intelligence, has raised $15 million (£12.3 million).

The Series A round was led by Khosla Ventures, with founding partner Samir Kaul joining the company’s board.

RELATED: Philadelphia Fusion adds Aim Lab as skills training partner

Existing investors FirstMark Capital, Expa, and Lux Capital all participated in the round, alongside a new contributor in June Fund. The capital will be put to use by growing its team as its userbase continues to expand.

Statespace’s flagship product when it comes to esports is Aim Lab, a product that just entered into a deal with Overwatch League franchise Philadelphia Fusion.

RELATED: Taylor Johnson on bringing sports performance coaching to esports

In August last year, Statespace closed its seed funding round with a total of $2.5 million (£2 million) after it previously raised $1.5 million (£1.2 million). Even back then, the company aimed to create a platform that allowed for standardised measurement of gamers’ skills.

Aim Lab is marketed as the “ultimate FPS training solution” which “blends cutting-edge performance tracking and analytics with AI-based training.” Taylor Johnson, Chief Performance Engineer at Statespace, will be speaking at the ESI Digital Summit on May 26th.

Esports Insider says: Statespace has been making waves with Aim Lab as of late, including through a deal with Philadelphia Fusion, and this round proves that people see a lot of promise in the arena of cognitive training. There’s a lot of potential in this avenue of performance and Statespace seems well-positioned to be the leading force there.

Find out about the ESI Digital Summit