Etched (Series C)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
July 23, 2026
Vertical
AI chips
Funding URL
View Funding Page
Premoney Valuation
$10,000,000,000
Valuation
$10,300,000,000
Funding Amount
$300,000,000
Company Info
Founding Year
2022
Traction
Etched has booked $1 billion worth of orders and is currently testing its first full systems with clients.
Founders
Robert Wachen, Gavin Uberti, Chris Zhu
Market
AI hardware
Location
San Jose, California, USA
Coinvestors
Sequoia, Andreessen Horowitz, SK Hynix, Jane Street, Diffusion Capital, Peter Thiel, Andrej Karpathy, Dylan Field, Amjad Masad
Company Description

Etched is an AI chip startup that designs chips specifically for AI models based on transformer technology. The company has successfully manufactured its homegrown chips and is selling full systems capable of running any AI model, including Mixture of Experts models and non-transformer designs.

Links
Website
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