Extropic, a US physics-based computing company, raised 14.1m in seed funding.
The round was led by Steve Jang and Kindred Ventures (Uber, Coinbase, Humane), with participation from Buckley Ventures (Rippling, Figma, Vercel, Mercury), HOF Capital, Julian Capital, Marque VC, OSS Capital, Valor Equity Partners, Weekend Fund, and several others. Angel investors included Aidan Gomez (Cohere), Amjad Masad (Replit), Arash Ferdowsi (Dropbox), Aravind Srinivas (Perplexity), Balaji Srinivasan (Coinbase), Bryan Johnson, Chris Prucha (Notion), Farbood Nivi, Garry Tan (YC), Ivan Zhang (Cohere), Naval Ravikant, Oliver Cameron (Voyage), Packy McCormick, Scott Belsky (Adobe), Tobias Lutke (Shopify), and many more.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2022 and led by Guillaume Verdon, CEO, Trevor McCourt, CTO, and Christopher Chamberland, Principal Architect, Extropic is a startup in stealth mode that is building a computing paradigm which harnesses the power of out-of-equilibrium thermodynamics to fundamentally merge generative AI with the physics of the world.
FinSMEs
06/12/2023