Extropic Company Profile

Extropic designs thermodynamic sampling units, chips that harness natural electron fluctuations to run probabilistic computing for generative AI using a machine-learning primitive the company says is far more efficient than matrix multiplication. Its XTR-0 devkit pairs a field-programmable gate array with early probabilistic chips, and the company's Z1 chip packs over a quarter million probabilistic bits onto a die under 12 millimeters across while drawing under one watt. Frontier AI labs, weather-modeling startups and government representatives have tested the hardware.

Extropic's software library, thrml, lets developers simulate its chips on ordinary GPUs before real hardware ships. The company is led by chief executive Guillaume Verdon, a former Google quantum-computing researcher, alongside cofounder and chief technology officer Trevor McCourt.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Extropic.

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High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — Extropic included.

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No. Extropic is a private company; its shares do not trade on a public exchange.

The last valuation is $50.1M.

Lead investors for each round are in the funding timeline.