About PraxiLabs
PraxiLabs is a company based in Cairo (Egypt) founded in 2016.. PraxiLabs operates in a competitive market with competitors including Labster, Simumatik, VRLab Academy, LabsLand and CloudSwyft, among others.
- Headquarter Cairo, Egypt
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$300 K (USD), Grant
Nov 25, 2021
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Investors
Katapult
& 1 more
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Employee Count
Employee Count
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Funding Insights of PraxiLabs
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $300,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Grant - PraxiLabs | Valuation |
investors |
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| Sep, 2018 | Amount | Seed - PraxiLabs | Valuation | Katapult |
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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 PraxiLabs
PraxiLabs has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Katapult and Africa's Business Heroes. 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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Investment consulting services are provided to guide client portfolios.
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Founded Year | Domain | Location | |
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Africa's Business Heroes is supported by Jack Ma Foundation to empower African entrepreneurs.
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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 PraxiLabs
| 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 - PraxiLabs
| 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 |
Praxilabs Comparisons
Competitors of PraxiLabs
PraxiLabs 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 Labster, Simumatik, VRLab Academy, LabsLand and CloudSwyft, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of virtual labs for educational institutions
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| domain | founded_year | HQ Location |
Cloud-based platform providing automation, PLC, and robotics programming learning solution
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| domain | founded_year | HQ Location |
Online platform for laboratory academy offering educational experiences through virtual laboratories
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| domain | founded_year | HQ Location |
Provider of online simulated laboratory solutions for schools
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| domain | founded_year | HQ Location |
Laboratory management solutions are delivered via a cloud-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 PraxiLabs
When was PraxiLabs founded?
PraxiLabs was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is PraxiLabs located?
PraxiLabs is headquartered in Cairo, Egypt.
What does PraxiLabs do?
PraxiLabs was founded in 2016 and is based in Cairo, Egypt. Virtual 3D simulations of laboratory experiments in physics, chemistry, and biology are developed and offered by the company. Operations focus on educational technology, with services accessible via the domain praxilabs.com. These simulations support remote learning environments for students and educators in the science sector.
Who are the top competitors of PraxiLabs?
PraxiLabs's top competitors include Labster, Simumatik and VRLab Academy.
Who are PraxiLabs's investors?
PraxiLabs has 2 investors. Key investors include Katapult, and Africa's Business Heroes.
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