About PLAEX
PLAEX is a company based in Canada founded in 2020.. PLAEX has raised $1 million across 2 funding rounds from investors including MassChallenge. PLAEX offers products and services including PLAEX Brick&Panel™, PLAEX LinX™ Landscaping System, and PLAEX LinX™ Sets. PLAEX operates in a competitive market with competitors including Orcan Energy, Ricron Panels, Enerdrape, ZS2 Technologies and Angirus, among others.
- Headquarter Hampstead Parish, Canada
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Sectors
EnvironmentReal Estate & Construction Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Plaex Building Systems Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of PLAEX
PLAEX offers a comprehensive portfolio of products and services, including PLAEX Brick&Panel™, PLAEX LinX™ Landscaping System, and PLAEX LinX™ Sets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Revolutionary system for non-occupied structures using recycled materials.
Eco-friendly system for outdoor applications and sustainable design.
Sets for enhancing eco-friendly landscaping projects.
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Funding Insights of PLAEX
PLAEX has successfully raised a total of $1M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(11 Apr 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Grant - PLAEX | Valuation |
investors |
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| Apr, 2023 | Amount | Seed - PLAEX | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PLAEX
PLAEX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MassChallenge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PLAEX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PLAEX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plaex Comparisons
Competitors of PLAEX
PLAEX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Orcan Energy, Ricron Panels, Enerdrape, ZS2 Technologies and Angirus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Waste heat is converted into electricity using ORC energy modules.
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| domain | founded_year | HQ Location |
Manufacturer of building materials for construction solutions
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| domain | founded_year | HQ Location |
Geothermal panel technology is developed for renewable heating and cooling.
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| domain | founded_year | HQ Location |
Low-carbon building materials and prefabricated panels are manufactured.
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| domain | founded_year | HQ Location |
Bricks are manufactured from recycled waste materials in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PLAEX
When was PLAEX founded?
PLAEX was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is PLAEX located?
PLAEX is headquartered in Canada. It is registered at New Brunswick, Canada.
Is PLAEX a funded company?
PLAEX is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Apr 11, 2023.
What does PLAEX do?
PLAEX was founded in 2020 in Hampstead Parish, Canada, within the construction materials sector. Mortarless interlocking systems, including brick, panel, and landscaping components, are produced for use in non-occupied structures such as storage and landscaping, with broader applications pending certification. Pre-orders are accepted, and partnerships with investors, licensees, and retailers are pursued. A community outreach program is maintained to support local initiatives.
Who are the top competitors of PLAEX?
PLAEX's top competitors include Orcan Energy, ZS2 Technologies and Ricron Panels.
What products or services does PLAEX offer?
PLAEX offers PLAEX Brick&Panel™, PLAEX LinX™ Landscaping System, and PLAEX LinX™ Sets.
Who are PLAEX's investors?
PLAEX has 1 investor. Key investors include MassChallenge.
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