Praxis
Atlas, California, USANetwork StateAnnounced
An internet-native nation building toward a physical city in 'Atlas' north of Santa Barbara, California.
Founded
2021
Status
Announced
Operating entity
Praxis (corporate name not publicly disclosed; described as 'internet-native nation')USA[src]
Total funding
$525Mas of 2024-10[src]
Population
0current / target
Founders & Leadership
Funding
Total raised: $525M (as of 2024-10)[src]
Up to $525M committed (milestone-based, October 2024). Earlier raise of $19.2M (NYT, Dec 2023). Initial 2021 round $4.2M.
- 2021Seed$4.2M—
- 2022Series A (range) unverified——
- 2024-10Milestone-based commitment$525MGEM Digital ($500M) + Arch Lending ($25M)[src]
Investors
- ParadigmVC
- Pronomos CapitalVC[src]
- Apollo Projects (Sam Altman)VC
- 8VC / Joe LonsdaleVC
- Winklevoss CapitalVC
- Fred EhrsamIndividual
- Balaji SrinivasanIndividual
- Alameda Research (defunct)VC
- Three Arrows Capital (defunct)VC
- GEM DigitalFirm[src]
- Arch LendingFirm
- Manifold TradingFirm
- Dan Romero (Farcaster)Individual
- Max Novendstern (Worldcoin)Individual
How to join
Citizen application
CitizenshipSelf-reported community count of 151,068 citizens across 80 countries (as of Jan 2026). Waiting list.
Apply / Learn more
Goals
10,000 population for first city. Mediterranean / California / Greenland scouting; mission framed as 'restore Western Civilization'.
- Target population — 10,000
Press
Official channels
Unverified or unconfirmed
founders.linkedin, investors[].url, links.youtube, links.discord. Have a correction? →