According to Foresight News, the "cyber nation" project Praxis announced the completion of US$525 million in financing. Investors include GEM Digital, Arch Lending and Manifold. Angel investors include Dan Romero (CEO of Farcaster), Tom Schmidt (Dragonfly GP), Rob Hadick (Dragonfly GP), Anirudh Pai (Dragonfly partner), Kartik Talwar (CEO of ETHGlobal), Mert (CEO of Helius Labs), Max Novendstern (co-founder of Worldcoin), Will Price, etc.
Praxis claims to be the world's first cyber nation, an Internet-native alliance that aims to accelerate technological progress and revitalize Western civilization. More than 14,000 Praxians live in 82 countries. In March 2022, Praxis completed a $15 million Series A financing round led by Paradigm, with participation from Apollo Projects, Alameda Research, Three Arrows Capital, Robot Ventures, and others.
