Praxis Raises Capital From Paradigm
We are pleased to announce our capital raise led by Paradigm, with Apollo Projects, Robot Ventures, and continued participation from existing investors.
Our brightest minds are working on exiting Earth to either Mars or the Metaverse. Humanity was born on this planet and we are shamefully letting it decay. We can try to escape inward, we can try to escape outward. Or, we can oblige our duty to build a beautiful future on Earth.
“Web3 and the metaverse are nothing without a vital and dynamic real world. That’s why I’m going to move to Praxis.”
Praxis was born as a vision for this future. Today, new technology is giving us the opportunity to build better cities founded on shared values and community. In the 20th Century, cities were organized around labor markets. Now, we can work from our computers anywhere we’d like. With this new freedom, we can leave work-centric cities and live with people who share our values. Praxis is leading this movement by building a new city organized around the value of vitality, a principle that unifies across culture, time, and space, to enable people to live healthier, more purposeful lives.
In pursuit of our community’s new home, 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. We are early in the project’s lifecycle, but are excited about the momentum we are building.
To further this momentum, we are pleased to announce our capital raise led by Paradigm, with Apollo Projects, Robot Ventures, and continued participation from existing investors.
Our team includes founders of publicly traded companies, Y Combinator execs, as well as veterans from governments and city development projects. We have begun expanding our Real Estate, Governance, and Engineering teams, along with an internal city research and design studio (the World Building Studio).
“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
We prioritize discovering top talent and cultivating a meritocratic culture because we believe hard work and earned skill are paramount to success. If you want to tackle difficult problems, work with talented people, and build a better future for humanity by building new cities, consider joining us.
And if you’d like to join us in the Praxis Community, learn more here.