Paradigm Among Investors as Praxis Raises $15M in Series A Funding Round

Paradigm Among Investors as Praxis Raises $15M in Series A Funding Round
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Paradigm Among Investors as Praxis Raises $15M in Series A Funding Round

Praxis is aiming to build a new city organized around the computer revolution that allows many to work from wherever they wish.

  • “We are actively engaging with landowners and governments, designing economic and political systems, architecting buildings and infrastructure, and bringing together the people who will inhabit them,” said Praxis in a statement.
  • It’s still early in the process, the company added, and the just-raised $15 million will help continue the momentum as Praxis looks to build out its real estate, governance, and engineering teams.
  • In addition to Paradigm, Alameda, and Three Arrows, investors in this round include Max Altman’s Apollo Projects and Robert Leshner’s and Tarun Chitra’s Robot Ventures. Praxis raised $4.2 million in a seed round late last year, with Balaji Srinivasan and Winklevoss Capital among the investors.

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