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Extropic
Self-assembling intelligence from the future
About Extropic
Extropic is a company at the forefront of developing a new class of computing hardware specifically designed to accelerate generative AI. The company is pioneering the use of thermodynamic principles to create more energy-efficient and powerful processors. Their core technology revolves around harnessing the natural fluctuations of matter as a computational resource, a method they term "thermodynamic accelerated computing". This approach is embodied in their development of a silicon-based probabilistic chip, which is particularly adept at handling the complex calculations required for generative AI models, such as Monte Carlo simulations.
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The company's business model is centered on providing a full-stack hardware platform to the AI industry. This positions them as a direct challenger to established players in the AI chip market, like Nvidia. By focusing on a novel physics-based approach, Extropic aims to address the growing energy consumption and computational bottlenecks associated with scaling large AI models. Their target clients are likely to be large technology companies, research institutions, and other organizations that are heavily invested in the development and deployment of generative AI.
Extropic was founded by CEO Guillaume Verdon and Trevor McCourt, and has emerged from stealth with a clear vision to revolutionize the hardware landscape for artificial intelligence. The company has released a litepaper detailing their technology and its potential to extend the frontiers of AI development.
At a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- Waltham, United States
- Employees
- 37
- Open positions
- 8
- Dealroom signal
- 88.5/100
- Sector
- AI, Core AI, Sustainable Development Goals, Climate Tech, Generative AI, Semiconductor Designers and Manufacturers, AI Chips and Processors, Low-Power, genAI Computing Layer
- Technology
- Artificial Intelligence, Hardware, Deep Tech
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Dec 2023 | $14M | $56M | Tobias Lütke · Garry Tan · Amjad Masad · Oliver Cameron | ↗ |
Growth signals
Latest recorded traffic for Extropic is 19K monthly website visits, down 26.9% over the last three months. Extropic's team grew 48% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed24 investors entered at this stage
Kindred Ventures
Steve Jang
Tobias Lütke
Garry Tan
Amjad Masad
Oliver Cameron
Naval Ravikant
Buckley Ventures
Marque Ventures
Julian Capital- BWBritton Winterrose
Balaji Srinivasan
Chris Prucha
Ivan Zhang
OSS Capital
Aravind Srinivas
Valor Equity Partners
Arash Ferdowsi
HOF Capital
Scott Belsky
Farbood Nivi
Weekend Fund
Aidan Gomez- BJBryan Johnson
Other known investors3 additional known investors
Deep Checks
Erik Torenberg
Maiora Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Extropic on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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