Latest round

—

Last raised

Oct 2026

Total raised

$1.8B

Investors

25

About Etched

Based in the US, Etched operates as a manufacturing company designing a chip for running generative AI models. Based in the US, Etched operates as a manufacturing company designing a chip for running generative AI models.ai, Inc. operates as a developer of artificial intelligence-based chips and hardware for large language models (LLMs). In August 2026, Etched, Inc. Etched builds frontier-scale AI inference clusters by bringing together proprietary chips, rack systems, software, interconnect technology, and manufacturing processes. The platform is built to handle large-scale AI models, including transformer, mixture-of-experts (MoE), and state-space architectures. The company points to two main technologies: Low Voltage Inference (LVI) for high-throughput workloads and Cluster Scale Memory (CSM) for low-latency inference tasks. Together, they underpin its integrated AI infrastructure offering. Etched generates revenue by selling its specialized Sohu transformer-ASIC chips and AI inference server systems to enterprises, cloud platforms, and AI developers needing high-performance, cost-efficient large-language-model acceleration.

Who invested in Etched

25 investors across 5 rounds

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Funding rounds

  1. Round

    Oct 18, 2026

    Amount

    $700M

    Investors

    Locked

  2. Series D

    Aug 18, 2026

    Amount

    $700M

    Investors

    Locked

  3. Series C

    Jul 23, 2026

    Amount

    $300M

    Investors

    Locked

  4. Series A

    Jun 25, 2024

    Amount

    $110M

    Investors

    Locked

  5. Seed

    May 16, 2023

    Amount

    $5.4M

    Investors

    Locked

Questions about Etched

Who invested in Etched?

Etched has 25 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Etched raised?

Etched has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

What does Etched do?

Based in the US, Etched operates as a manufacturing company designing a chip for running generative AI models.

Where is Etched headquartered?

Etched is headquartered in San Jose, US.

Which VCs invest in companies like Etched?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Etched's stage. Their profiles are linked below.

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