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Extropic Secures $14.1 Million In Seed Funding To Propel Novel Physics-Based Computing Paradigm

Extropic Secures $14.1 Million In Seed Funding To Propel Novel Physics-Based Computing Paradigm

12/12/23, 10:50 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/PA.svgsan francisco
Money raised
$14.1 million
Industry
information technology
Round Type
seed
Investors
Naval Ravikant, Balaji Srinivasan, Arash Ferdowsi, Amjad Masad, Aidan Gomez, Backers Extropic, Weekend Fund, Valor Equity Partners, Oss Capital, Marque Vc, Julian Capital, Hof Capital, Buckley Ventures, Kindred Ventures, Steve Jang
Extropic, a pioneering force in the realm of physics-based artificial intelligence (AI), proudly announces the successful completion of its $14.1 million Seed round. Led by Steve Jang and Kindred Ventures, renowned for their contributions to Uber, Coinbase, and Humane, the funding round features prominent participants such as Buckley Ventures, HOF Capital, Julian Capital, Marque VC, OSS Capital, Valor Equity Partners, Weekend Fund, and a host of distinguished angel investors.

Company Info

Company
Extropic
Location
san francisco, panamá province, panama
Additional Info
Extropic was founded in 2022 by Guillaume Verdon, Extropic CEO, a pioneer in quantum deep learning and former quantum tech lead within the Physics & AI team at Alphabet's X. The team also includes Trevor McCourt, Extropic CTO, and Christopher Chamberland, Extropic Principal Architect, both recognized for their significant contributions to the field of quantum computing.

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