About Praxis Packaging
Praxis Packaging is a company based in Grand Rapids (United States) founded in 1989.. Praxis Packaging has completed 2 acquisitions, including Advanced Concept Innovations and Unette. Praxis Packaging offers products and services including Solid Dose Bottling, Solid Dose Blistering, Single-Use Flexible Packaging, Rigid Tube Filling, and Bottles and Jars Filling. Praxis Packaging operates in a competitive market with competitors including EoPlex, Tray-Pak Corporation, Universal Protective Packaging, Collcap and Salbro, among others.
- Headquarter Grand Rapids, United States
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Sectors
Technology
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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 Praxis Packaging Solutions, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Advanced Concept Innovations
& 1 more
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Products & Services of Praxis Packaging
Praxis Packaging offers a comprehensive portfolio of products and services, including Solid Dose Bottling, Solid Dose Blistering, Single-Use Flexible Packaging, Rigid Tube Filling, and Bottles and Jars Filling. 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.
Flexible bottle filling for various dosages and bottle types.
Blister packaging using advanced technologies for product protection.
Customizable foil and plastic options for single-use products.
Filling of plastic and aluminum laminates for tubes.
Filling liquids and creams into various bottle and jar sizes.
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Funding Insights of Praxis Packaging
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2022 | Amount | Unspecified - Praxis Packaging | Valuation | BPOC |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Praxis Packaging
Praxis Packaging has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BPOC. 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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Buyouts are targeted by BPOC, a private equity firm.
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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 Praxis Packaging
Praxis Packaging has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Advanced Concept Innovations and Unette. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Advanced Concept Innovations is engaged in manufacturing N95 respirators and packaging solutions.
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2004 | ||||
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Unette Corporation is engaged in liquid packaging solutions.
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1955 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Praxis Packaging
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Praxis Packaging Comparisons
Competitors of Praxis Packaging
Praxis Packaging 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 EoPlex, Tray-Pak Corporation, Universal Protective Packaging, Collcap and Salbro, 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 |
Electronic component designer and manufacturer
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Custom thermoformed plastic packaging is produced using 3D-printed molds.
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Protective packaging is designed and produced via 3D printing.
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Additive manufacturing is applied to cosmetic packaging prototyping and production.
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Packaging solution provider and manufacturer of PET & HDPE plastic bottles using 3D printing
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Praxis Packaging
Frequently Asked Questions about Praxis Packaging
When was Praxis Packaging founded?
Praxis Packaging was founded in 1989 and raised its 1st funding round 33 years after it was founded.
Where is Praxis Packaging located?
Praxis Packaging is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.
What does Praxis Packaging do?
Founded in 1989 and based in Grand Rapids, United States, Praxis Packaging operates in the 3D printing sector. Designing and prototyping solutions based on 3D printing technology are developed for packaging applications. Functional prototypes, molds for thermo-forming parts, and components for packaging machines are included in the services. Operations focus on innovative manufacturing tools for the packaging industry.
Who are the top competitors of Praxis Packaging?
Praxis Packaging's top competitors include EoPlex, Salbro and Tray-Pak Corporation.
What products or services does Praxis Packaging offer?
Praxis Packaging offers Solid Dose Bottling, Solid Dose Blistering, Single-Use Flexible Packaging, Rigid Tube Filling, and Bottles and Jars Filling.
How many acquisitions has Praxis Packaging made?
Praxis Packaging has made 2 acquisitions, including Advanced Concept Innovations, and Unette.
Who are Praxis Packaging's investors?
Praxis Packaging has 1 investor. Key investors include BPOC.
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