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.
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.
People of PLAEX
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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 |
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| May, 2023 | Amount | Grant - PLAEX | Valuation |
investors |
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| Apr, 2023 | Amount | Seed - PLAEX | Valuation |
investors |
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Investors in PLAEX
PLAEX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MassChallenge.
| 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 |
Investments & Acquisitions by PLAEX
Financial Statements - PLAEX
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.
| 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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Latest news on Plaex
Frequently Asked Questions about PLAEX
PLAEX was founded in 2020 and raised its 1st funding round 3 years after it was founded.
PLAEX is headquartered in Canada. It is registered at New Brunswick, Canada.
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.
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.
PLAEX's top competitors include Orcan Energy, ZS2 Technologies and Ricron Panels.
PLAEX offers PLAEX Brick&Panel™, PLAEX LinX™ Landscaping System, and PLAEX LinX™ Sets.
PLAEX has 1 investor. Key investors include MassChallenge.