# Etched funding rounds and investors

As of 13 Oct 2026, Etched has raised $1.63B across 5 verified rounds on record; latest: $700M funding round led by Jane Street, announced 18 Aug 2026.

Etched sells advanced AI hardware solutions, specifically frontier inference clusters and semiconductor technology, targeting large-scale AI model deployments and hyperscalers.

Website: https://www.etched.com  
Headquarters: San Jose, California  
Page: https://fireround.dev/companies/etched

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2026-08-18 | Funding round | $700M | Jane Street | Kleiner Perkins, Sequoia Capital, Andreessen Horowitz, Tiger Global Management, Bain Capital, Neo, Primary, Stripes, Positive Sum, Blackstone | [globenewswire.com](https://www.globenewswire.com/news-release/2026/08/18/3347095/0/en/etched-raises-700m-at-a-21b-valuation-and-completes-first-customer-delivery-to-jane-street.html), [pulse2.com](https://pulse2.com/etched-raises-700-million-at-21-billion-valuation-as-customer-contracts-top-1-billion-and-jane-street-deploys-first-rack), [memeburn.com](https://memeburn.com/etched-doubled-its-valuation-to-21b-in-26-days-heres-who-paid) |
| 2026-07-23 | Series C | $300M | Sequoia Capital | Diffusion, SK hynix, Andreessen Horowitz, Jane Street | [globenewswire.com](https://www.globenewswire.com/news-release/2026/07/23/3332366/0/en/etched-raises-300m-at-a-10-3b-valuation-to-scale-production-of-frontier-scale-inference-hardware.html) |
| 2026-01-13 (reported) | Growth | $500 million | Stripes | Peter Thiel, Positive Sum, Ribbit Capital | [bloomberg.com](https://www.bloomberg.com/news/articles/2026-01-13/ai-chip-startup-etched-raises-500-million-to-take-on-nvidia) |
| 2024-06-25 | Series A | $120 million | Primary, Positive Sum | Stanley Druckenmiller, Kyle Vogt, Peter Thiel | [cnbc.com](https://www.cnbc.com/2024/06/25/etched-raises-120-million-to-build-chip-to-take-on-nvidia-in-ai.html), [reuters.com](https://www.reuters.com/technology/artificial-intelligence/ai-startup-etched-raises-120-million-develop-specialized-chip-2024-06-25), [pulse2.com](https://pulse2.com/etched-raises-120-million-to-develop-fast-ai-chip) |
| 2023-05-16 | Seed | $5.36 million | Primary | Michael Kohen, Devin Wenig | [wsj.com](https://www.wsj.com/articles/startup-etched-closes-seed-round-promises-more-cost-effective-ai-chip-f5fd79aa) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.