EXTROPIC

Semiconductors · Austin, TX · Founded 2022 · Privately Held (backing)

Developer of a computing platform designed to build substrates for generative AI. EXTROPIC is based in Austin, TX and was founded in 2022. It was valued at $50.1 million at its seed round in Dec 2023, the last priced event on record. It has raised $14.1 million across 1 recorded round; the latest was a $14.1 million seed round in Dec 2023.

PMV mark · valuation
$50.1M
Oct 2026
Priced at
its seed round
Dec 2023
Total raised
$14.1M
Last round
Seed
Dec 2023

EXTROPIC key facts

as of Oct 2026
  • Developer of a computing platform designed to build substrates for generative AI.
  • EXTROPIC is valued at approximately $50.1M as of Oct 2026, set at its seed round, Dec 2023; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $14.1M across 1 recorded rounds; the latest was Seed ($14.1M) in Dec 2023.
  • Notable investors include Sequoia Capital, Valor Equity Partners, Balaji Srinivasan, HOF Capital, Kindred Ventures — 33 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$50.1M

Valued at $50.1M at its seed round, Dec 2023. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
Free account
More of EXTROPIC with a free account
  • ·The complete investor list: 33 names
  • ·Watch EXTROPIC: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

EXTROPIC funding rounds

1 rounds
Dec 2023Seed$14.1M▮

EXTROPIC leadership

EXTROPIC valuation

EXTROPIC was valued at $50.1 million at its seed round in Dec 2023. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has EXTROPIC raised?

EXTROPIC has raised $14.1 million across 1 recorded round since 2023. The largest was a $14.1 million seed round in Dec 2023.

EXTROPIC investors

33 investors are on record for EXTROPIC, including Sequoia Capital, Valor Equity Partners, Balaji Srinivasan and HOF Capital. By type, the record holds 10 venture capital firms, 3 private investors and 2 angel investors.

Who runs EXTROPIC

3 people are listed on the EXTROPIC team: 2 executives, including Guillaume Verdon (Founder) and Trevor McCourt (Co-Founder).

Comparable companies

Comparable semiconductors names by valuation on PrivateMarketView: Scintil Photonics ($134 million), Yizhu Technology ($28.7 million) and Cortical Labs ($19.4 million).

About EXTROPIC

Developer of a computing platform designed to build substrates for generative AI. The company's platform offers physics-based computing technology that reduces electricity consumption for AI models, enabling developers and businesses to automate coding tasks while improving efficiency and sustainability in AI applications.

Industry
Semiconductors
Sector
Information Technology
HQ
Austin, TX, United States
Founded
2022
Employees
25
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.