Draper Associates
Draper Associates is a Silicon Valley-based global venture capital firm founded in 1985 that invests broadly in transformative technology and includes quantum company Xanadu in its portfolio.
- Investor type
- Venture capital
- Quantum focus
- Some quantum investments
- Headquarters
- Silicon Valley
- Founded
- 1985
- Assets under management
- $2.3B AUM stated on the homepage.
- Quantum investments named in sources
- Xanadu
- Key people
- Tim Draper, Founder and Managing Partner
Andy Tang, Partner - Website
- draper.vc
Draper Associates describes itself as a global venture capital firm that has invested since 1985 and is based in Silicon Valley. Its website says the firm invests across sectors including AI, robotics and automation, crypto and blockchain, healthcare and biotech, aerospace and space, and other unconventional ideas. The homepage states assets under management of $2.3B and says the firm has backed more than 400 companies.
Draper Associates explicitly lists Xanadu in its portfolio and describes Xanadu as building photonic quantum computers and quantum machine learning software. The team page says the firm is industry-agnostic and stage-agnostic, investing from pre-seed to Series A across sectors and geographies, while being particularly drawn to frontier industries.
Sources
Facts on this page come from the sources below, retrieved by DesignQuantum.
Last verified: October 28, 2026