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EXTROPIC
Extropic
Hardware · Austin, Texas · United States · Founded · 2022 · ≈ · 50 · employees

Extropic Funding — Last Valued at $50.1M

Private

Extropic has raised $103.2M across 2 funding rounds, plus 1 undated round. The company is valued at $50.1M.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Extropic funding · at a glance
Total raised, all rounds
$103.2M
sum of disclosed sizes
Funding rounds
2
plus 1 undated round
Latest round
Jul 2026
US Department of Commerce CHIPS R&D Letter of Intent
Lead on that event
US Department of Commerce
lead investor
2026
Funding timeline

The Extropic funding timeline

2 funding rounds, the latest highlighted.

2022
Extropic founded

Extropic was founded in 2022, United States.

UNDATED
Seed

No date is disclosed for this round.

DEC 2023
Seed

A primary round — the company sells new shares to investors it selects. $14.1M raised, led by Kindred Ventures.

Valuation basis—Amount$14.1MPrice / share—LeadKindred Ventures
JUL 2026LATEST
US Department of Commerce CHIPS R&D Letter of Intent

A primary round — the company sells new shares to investors it selects. $75M raised, led by US Department of Commerce.

Valuation basis—Amount$75MPrice / share—LeadUS Department of Commerce
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Extropic funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
US Department of Commerce CHIPS R&D Letter of Intent LATEST
Jul 2026
$75M
—
—
US Department of Commerce
—
Seed
Dec 2023
$14.1M
—
—
Kindred Ventures
—
Seed
—
$14.1M
—
—
Kindred Ventures
Angel investors include Naval Ravikant and Tobias Lutke (Shopify)
Extropic · investors

Investors

Kindred VenturesLEADUUS Department of CommerceLEADBuckley VenturesHHOF CapitalJJulian CapitalMMarque VCOOSS CapitalVValor Equity PartnersWWeekend Fund

Frequently asked questions

Who are Extropic's competitors?›

The closest hardware peers are on the competitors page.

How can I get exposure to Extropic?›

The routes section explains what is realistically available for a company at this stage.

Is Extropic publicly traded?›

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

What is Extropic's valuation?›

The last valuation is $50.1M.

Who has invested in Extropic?›

Lead investors for each round are in the funding timeline.

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