PLAEX Overview
- Year Founded
-
2020
- Status
-
Private
- Employees
-
12
- Latest Deal Type
-
Later Stage VC
- (In Progress)
- Latest Deal Amount
-
$1.42M
- Investors
-
8
PLAEX General Information
Description
Developer of a waste management and processing platform designed to convert post-industrial thermal plastic waste and construction aggregate into modular building materials. The company offers a hardware-based service model for building product manufacturers, along with cost-effective waste handling for plastic and aggregate producers, enabling manufacturers and related users to incorporate reclaimed material into diverse building applications.
Contact Information
Website
www.plaex.caCorporate Office
- 571 Ferdinand Boulevard
- Unit 6
- Dieppe, New Brunswick E1A 0N7
- Canada
Corporate Office
- 571 Ferdinand Boulevard
- Unit 6
- Dieppe, New Brunswick E1A 0N7
- Canada
PLAEX Timeline
PLAEX Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 16. Later Stage VC | $1.42M | In Progress | Startup | |||
| 15. Grant | 07-Mar-2025 | Completed | Startup | |||
| 14. Grant | 15-Jan-2025 | Completed | Startup | |||
| 13. Debt - General | 03-Oct-2023 | Completed | Product Development | |||
| 12. Accelerator/Incubator | Completed | Startup | ||||
| 11. Accelerator/Incubator | 25-May-2023 | Completed | Startup | |||
| 10. Debt - General | 01-May-2023 | Completed | Product Development | |||
| 9. Seed Round | 30-Apr-2023 | Completed | Startup | |||
| 8. Grant | 30-Jan-2023 | $119K | $744K | Completed | Startup | |
| 7. Accelerator/Incubator | 01-Jan-2023 | $744K | Completed | Startup |
PLAEX Comparisons
Industry
Financing
Details
PLAEX Competitors (3)
One of PLAEX’s 3 competitors is SEMBLA, a Accelerator/Incubator Backed company based in Gehlberg, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SEMBLA | Accelerator/Incubator Backed | Gehlberg, Germany | ||||
| ByFusion | Venture Capital-Backed | Tucson, AZ | ||||
| CarbonCure | Venture Capital-Backed | Dartmouth, Canada |
PLAEX Patents
PLAEX Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4522402-A1 | Apparatus and method for extruding molded articles | Pending | 13-May-2022 | ||
| EP-4522402-A4 | Apparatus and method for extruding molded articles | Pending | 13-May-2022 | ||
| US-20250312958-A1 | Apparatus and method for extruding molded articles | Pending | 13-May-2022 | ||
| WO-2023216002-A1 | Apparatus and method for extruding molded articles | Inactive | 13-May-2022 | ||
| CA-3146982-A1 | Interlocking wall blocks mortarless interlocking wall system | Pending | 28-Jan-2022 | E02D29/02 |
PLAEX Signals
PLAEX Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| National Research Council Canada | Government | |||
| MassChallenge | Accelerator/Incubator | |||
| New Brunswick Innovation Foundation | Not-For-Profit Venture Capital | Minority | ||
| Leading Cities | Accelerator/Incubator | |||
| Ocean Startup Project | Accelerator/Incubator |
PLAEX FAQs
-
When was PLAEX founded?
PLAEX was founded in 2020.
-
Where is PLAEX headquartered?
PLAEX is headquartered in Dieppe, Canada.
-
What is the size of PLAEX?
PLAEX has 12 total employees.
-
What industry is PLAEX in?
PLAEX’s primary industry is Building Products.
-
Is PLAEX a private or public company?
PLAEX is a Private company.
-
What is the current valuation of PLAEX?
The current valuation of PLAEX is .
-
What is PLAEX’s current revenue?
The current revenue for PLAEX is .
-
How much funding has PLAEX raised over time?
PLAEX has raised $1.86M.
-
Who are PLAEX’s investors?
National Research Council Canada, MassChallenge, New Brunswick Innovation Foundation, Leading Cities, and Ocean Startup Project are 5 of 8 investors who have invested in PLAEX.
-
Who are PLAEX’s competitors?
SEMBLA, ByFusion, and CarbonCure are competitors of PLAEX.
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