Etched (Series C)
Funding Details
Awarder
RSS - techfundingnews.com
Date Award
July 24, 2026
Vertical
AI Inference Hardware
Premoney Valuation
$10,000,000,000
Valuation
$10,300,000,000
Funding Amount
$300,000,000
Company Info
Founding Year
2022
Traction
Etched has raised over $1.1 billion in total funding, doubling its valuation to $10.3 billion in just seven months.
Founders
Gavin Uberti, Chris Zhu, Rob Wachen
Market
AI Inference Chip Market
Location
San Jose, California, USA
Coinvestors
Sequoia Capital, Andreessen Horowitz, Jane Street, Diffusion, SK Hynix, Peter Thiel, Jump Trading
Company Description

Etched develops chips for AI inference, building rack-scale inference clusters that support various model types without relying on general-purpose GPUs.

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