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#169 by ARRSan Jose, USetched.com ↗

Etched

Etched is an AI chip startup that designs and manufactures hardware systems optimized for artificial intelligence model inference workloads.

ARR
$50M
as of Sep 2026
Employees
~389
as of Oct 2026
Valuation
$21B
420× ARR
ARR / employee
$129K
revenue efficiency
About Etched

Etched develops artificial intelligence hardware and software systems for inference workloads. The company designs specialized AI chips alongside supporting components, including racks, interconnects, software, and manufacturing processes, to optimize the deployment of large-scale AI models. Its technology focuses on improving throughput, latency, power efficiency, and memory performance for transformer-based and mixture-of-experts inference workloads. Etched also develops rack-scale inference systems that integrate compute, memory, networking, and cooling technologies into a unified platform. The company works on the validation, production, and deployment of its inference infrastructure for customers running large language models and other advanced AI applications.

Etched is an AI chip startup that designs and manufactures hardware systems optimized for artificial intelligence model inference workloads. Crunchbase rank #109.

Investors · 30

LeadJane StreetVenture capital14 partners on file
InvestorAccelVenture capital106 partners on file
InvestorAndreessen HorowitzVenture capital290 partners on file
InvestorArch Venture PartnersVenture capital32 partners on file
InvestorArgoVenture capital2 partners on file
InvestorBain Capital VenturesVenture capital22 partners on file
InvestorBlackstonePrivate equity20 partners on file
InvestorCoatueHedge / crossover fund14 partners on file
InvestorCraft VenturesVenture capital24 partners on file
InvestorDiffusion Capital PartnersVenture capital3 partners on file
InvestorFirst Round CapitalVenture capital31 partners on file
InvestorFoundation CapitalVenture capital16 partners on file
InvestorFounders FundVenture capital23 partners on file
InvestorGreenoaksVenture capital12 partners on file
InvestorGreycroftVenture capital21 partners on file
InvestorHudson River Trading (HRT)Venture capital2 partners on file
InvestorJump TradingAsset manager / other15 partners on file
InvestorKleiner PerkinsVenture capital20 partners on file
InvestorNeoAccelerator18 partners on file
InvestorPositive SumVenture capital
InvestorPrimary Venture PartnersVenture capital3 partners on file
InvestorRadical VenturesVenture capital18 partners on file
InvestorRibbit CapitalVenture capital4 partners on file
InvestorSequoia CapitalVenture capital93 partners on file
InvestorSK HynixCorporate14 partners on file
InvestorSoma CapitalVenture capital17 partners on file
InvestorStripesVenture capital18 partners on file
InvestorTiger GlobalPrivate equity30 partners on file
InvestorTwo Sigma VenturesVenture capital
InvestorVentureTech AllianceVenture capital
882 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.
Etched logo
$700M
val. $21B
Etched logo
$300M
val. $10B
Etched logo
Investors not disclosed · Hardware
$500M

News, deals & research

Latest in AI
DealEtched raises $700M at $21B, led by Jane Street, a month after its $300M Series CAug 18DealEtched raises $300M Series C at a $10B pre-money valuationJul 23DealEtched raises $500M Series BJan 13
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