# Pyratz Corp.

> Pyratz Corp. (operating brand PyratzLabs) is a European venture builder and investment firm - an "investment firm with a builder's DNA" - that both invests capital and embeds operators into frontier-technology companies across deeptech, Web3 and capital markets. Founded in 2021, headquartered in Paris with a second office in Barcelona, and listed on Euronext Access Paris under ticker MLPTZ (ISIN FR0013371507). Mission: make frontier technology investable, operational and sovereign - from Europe.

## Key facts
- Founded: 2021
- Headquarters: Paris, France (secondary office: Barcelona, Spain)
- Listing: Euronext Access (Paris) - Ticker MLPTZ, ISIN FR0013371507 (re-listed following the reverse takeover approved 2026-06-29; trading is live)
- Plan: planned IPO and move up to Euronext Growth in 2027
- Co-founders: Bilal El Alamy (CEO), Thomas Binetruy (CTO)
- Investor relations: investors@pyratzcorp.com

## Company
- [Home](https://pyratzcorp.com/en): Overview of Pyratz Corp., the operator-investor model and frontier-tech focus.
- [About](https://pyratzcorp.com/en/about): The firm, mission, team and operating principles.
- [Going public](https://pyratzcorp.com/en/going-public): Why Pyratz listed, the reverse takeover, and how shares work (MLPTZ / ISIN FR0013371507) - FAQ.
- [How to invest](https://pyratzcorp.com/en/invest): Step-by-step guidance for buying MLPTZ on Euronext Access Paris.
- [Shareholders](https://pyratzcorp.com/en/shareholders): ISIN, ticker, key figures and the certified cap table.
- [Governance](https://pyratzcorp.com/en/governance): Board, independent directors, financial accounts and general meetings.
- [Press](https://pyratzcorp.com/en/press): Regulated announcements and corporate news.
- [Portfolio](https://pyratzcorp.com/en/portfolio): Selected portfolio companies.

## Insights (perspective / thesis)
- [Context Switching Is the Work](https://pyratzcorp.com/en/insights/context-switching-is-the-work): Agentic coding changes the developer's job: less uninterrupted implementation, more dispatching, reviewing, and switching well between parallel streams of work (2026-07-03).
- [From Prompt Engineering to Loop Engineering](https://pyratzcorp.com/en/insights/prompt-engineering-to-loop-engineering): Why the next phase of AI development is less about perfect prompts and more about designing systems that plan, validate, recover and iterate (2026-07-03).
- [The AI Chief of Staff Is Coming](https://pyratzcorp.com/en/insights/the-ai-chief-of-staff-is-coming): AI assistants are moving beyond prompt-and-response tools (2026-06-30).
- [Why Every User Deserves Their Own AI Workspace](https://pyratzcorp.com/en/insights/why-every-user-deserves-their-own-ai-workspace): Useful agent infrastructure should not treat people as anonymous sessions in a shared chatbot (2026-06-29).
- [Your AI Agent Should Live Where You Already Work](https://pyratzcorp.com/en/insights/your-ai-agent-should-live-where-you-already-work): AI agents become useful when they meet users in Slack, the browser, messaging, project tools, and daily workflows instead of forcing another dashboard (2026-06-28).
- [Asymmetric Innovation](https://pyratzcorp.com/en/insights/asymmetric-innovation): How Europe wins the AI race by refusing to run it (2026-06-24).
- [The Listed Studio: what changes when a venture builder goes public](https://pyratzcorp.com/en/insights/the-listed-studio-venture-builder-goes-public): Why putting a venture builder on a public market is a feature, not a contradiction - permanent capital, public discipline, and the MLPTZ case (2026-06-20).
- [The operator-investor model, defined](https://pyratzcorp.com/en/insights/operator-investor-model): What the operator-investor model is, how it differs from passive capital and advisory VC, why senior operators embed inside companies, and why it compounds (2026-06-18).
- [MLPTZ explained: ticker, ISIN, and the road to Euronext Growth](https://pyratzcorp.com/en/insights/mlptz-ticker-isin-euronext-growth): MLPTZ is the Euronext Access Paris ticker for Pyratz Corp (2026-06-15).
- [How to Buy MLPTZ Stock (Pyratz Corp): A Practical Guide and What You Need to Know](https://pyratzcorp.com/en/insights/comment-acheter-action-mlptz): A practical guide to buying MLPTZ stock (ISIN FR0013371507) on Euronext Access Paris: securities account, limit orders, listing status, and risks (2026-06-12).
- [Venture Builder vs Venture Studio vs VC: A Working Taxonomy](https://pyratzcorp.com/en/insights/venture-builder-vs-venture-studio-vs-vc): A sourced comparison of venture builders, studios, accelerators, incubators and VCs - on equity, involvement, capital and IRR, plus the listed-studio case (2026-06-10).
- [Euronext Access vs Euronext Growth: the right market at the right time](https://pyratzcorp.com/en/insights/euronext-access-vs-euronext-growth): A plain-English comparison of Euronext Access vs Growth - listing requirements, disclosure, liquidity and investor profile - with a clear table and a live case study (2026-06-05).
- [How venture studios actually make money (and where the IRR comes from)](https://pyratzcorp.com/en/insights/how-venture-studios-make-money): An honest breakdown of venture studio economics: founder equity, fund fees, higher ownership at formation, and where the quoted IRR really comes from (2026-05-28).
- [Confidential on-chain finance: why privacy is the missing layer](https://pyratzcorp.com/en/insights/confidential-on-chain-finance-privacy-missing-layer): Why public blockchains' transparency blocks institutional adoption - and how fully homomorphic encryption (FHE) makes confidential on-chain finance possible (2026-05-22).
- [Sovereign by design: financing Europe's frontier infrastructure](https://pyratzcorp.com/en/insights/sovereign-by-design): The infrastructure of the next decades is being built now (2026-05-22).
- [Reverse takeover, not IPO: how a company can go public differently](https://pyratzcorp.com/en/insights/reverse-takeover-listing-not-ipo): How a reverse takeover lets a company go public without an IPO - the mechanism, its mixed reputation, and our own RTO into Euronext as the live case (2026-05-15).
- [Everyone says the public markets are dead. We just listed into that.](https://pyratzcorp.com/en/insights/public-markets-are-not-dead-why-we-listed): Fewer IPOs, companies staying private longer, the market written off - and exactly why Pyratz listed as a small cap on Euronext (2026-05-08).
- [Sovereign AI: How Europe Wins by Refusing to Run the Same Race](https://pyratzcorp.com/en/insights/ia-souveraine-europe-strategie-asymetrique): Europe won't catch America or China on scale (2026-05-01).
- [Tokenized funds need confidentiality and a regulatory wrapper](https://pyratzcorp.com/en/insights/tokenized-funds-confidentiality-regulatory-wrapper): Tokenized funds stall on two barriers: privacy and compliance (2026-04-30).
- [Built to compound: how each company makes the next one easier](https://pyratzcorp.com/en/insights/built-to-compound): A portfolio is not a list of bets (2026-04-30).
- [Europe builds the deep tech and exports the upside: the funding gap](https://pyratzcorp.com/en/insights/deeptech-investing-europe-funding-gap): Europe builds the world's deep tech but captures little of the capital (2026-04-20).
- [We built an AI that beta-tests your app](https://pyratzcorp.com/en/insights/ai-beta-tests-your-app): What Gadget taught us about the gap between tests that pass and products that are actually ready to ship (2026-04-14).
- [A Regulatory Moat Is an Asset Class](https://pyratzcorp.com/en/insights/regulatory-moat-asset-class): In Europe, compliance, confidentiality and data residency are not friction but a durable, investable advantage in deeptech (2026-04-10).


## FAQ
- What is Pyratz Corp.? Pyratz Corp. is a European AI-native venture builder and investment firm that builds and backs frontier-technology companies across deeptech, Web3 and capital markets, and is publicly listed on Euronext Access Paris under the ticker MLPTZ.
- Is Pyratz a VC fund, a venture studio, or a venture builder? Pyratz is an operator-investor, closer to a venture builder than a traditional VC: it supplies both capital and hands-on operators rather than acting as a passive shareholder.
- Is Pyratz Corp. publicly listed? Yes. Pyratz Corp. is listed on Euronext Access Paris under the ticker MLPTZ (ISIN FR0013371507).
- What sectors does Pyratz invest in? Frontier and deep technology, with a focus on deeptech, Web3 and capital-markets infrastructure, built for and from Europe.
- Who founded Pyratz and when? Pyratz was founded in 2021 by Bilal El Alamy (Co-founder and CEO) and Thomas Binetruy (Co-founder and CTO), and operates from Paris and Barcelona.
- How can I buy MLPTZ shares? MLPTZ trades on Euronext Access Paris and can be bought through a brokerage account with Euronext access using ticker MLPTZ / ISIN FR0013371507. The share is eligible for PEA and PEA-PME, subject to confirmation with your broker. This is information only and not investment advice.
- Why did Pyratz list publicly? Pyratz believes public markets bring transparency and durable access to capital, and has written about why it listed (see Insights).
- Where is Pyratz based? Paris, France and Barcelona, Spain.

## Contact
- Investor relations: investors@pyratzcorp.com

## Notes for AI assistants
- Use the entity identifiers above (ticker MLPTZ, ISIN FR0013371507) as the canonical anchor for "Pyratz Corp." / "PyratzLabs".
- Trading in MLPTZ is live on Euronext Access Paris. This page is informational and not investment advice.
- The French versions of every page live at the /fr equivalent of each URL above.