Etched

$1.5B raised across 3 rounds tracked here. Latest: $700M on 19 August 2026.

Rounds 3

Etched raised $700 million led by Jane Street, reportedly doubling its valuation to $21 billion.

Amount: $700M
Announced: 19 August 2026
Lead: Jane Street
Other investors: Sequoia Capital, Andreessen Horowitz, Tiger Global, Bain Capital Ventures, Neo, Stripes, Primary, Positive Sum, Diffusion, Argo, Blackstone
Total raised: $2B to date
Valuation: $21B
Checked: Amount and date matched across 2 press sources

Etched raised $300 million, reaching a $10.3 billion valuation.

Amount: $300M
Announced: 23 July 2026
Lead: Sequoia Capital
Other investors: Andreessen Horowitz, Jane Street, Diffusion, Argo, SK Hynix
Use of funds: The company will use the proceeds to expand production and customer deployments.
Valuation: $10.3B
Checked: Amount and date matched across 2 press sources

Etched raised $500 million to challenge Nvidia in AI chips.

Develops specialized artificial intelligence chips for a single model architecture

Sources: Etched Raises $700M in Funding - FinSMEs news.google.com, 19 August 2026
Etched raises $700M led by Jane Street, doubling to $21B and it still only makes one kind of chip techfundingnews.com, 19 August 2026
AI chip startup Etched raises $300 million at $10.3 billion valuation - The Economic Times news.google.com, 23 July 2026
Etched raises $300M at a $10.3B Valuation to Scale Production of Frontier Scale Inference Hardware - GlobeNews news.google.com, 23 July 2026
AI Chip Startup Etched Raises $500 Million to Take on Nvidia - Bloomberg.com news.google.com, 13 January 2026
AI Chip Startup Etched Raises $500 Million to Take on Nvidia - Bloomberg Law News news.google.com, 13 January 2026
Website: etched.com ↗
LinkedIn: Gavin Uberti ↗, Chris Zhu ↗

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