Praxis Raises $15M Series A Led By Paradigm

Published on: 04.03.2022

Praxis is thrilled to announce its $15M Series A Funding Round led by Paradigm, with Apollo Projects, Alameda Research, Three Arrows Capital, and Robot Ventures, and continued participation from existing investors.

“We have more advanced technology than ever before, and yet our society is in decline. Reshaping society requires more than rational arguments: it starts with culture. Praxis gets this. Culture, then cities, then society. We’re defining a new identity for the coming generation, and bringing them together in the Galt’s Gulch of the Information Age. See you there.”Riva Tez, Praxis Member

Praxis team includes founders of publicly traded companies, Y Combinator execs, as well as veterans from governments and city development projects. The platform have begun expanding its Real Estate, Governance, and Engineering teams, along with an internal city research and design studio (the World Building Studio).

Praxis also prioritize discovering top talent and cultivating a meritocratic culture because they believe hard work and earned skill are paramount to success.

“Web3 and the metaverse are nothing without a vital and dynamic real world. That’s why I’m going to move to Praxis.”Charl3s, Praxis Member

ABOUT Praxis
Praxis is building a city. The platform is actively engaging with landowners and governments, designing economic and political systems, architecting buildings and infrastructure, and bringing together the people who will inhabit them

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RESOURCES
Praxis Announcement

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