AI Hardware

Etched

Etched raises $120M Series A at $500M valuation

$120M
Total Raised
Series A
Latest Round
2022
Founded
35+
Employees
Cupertino, CA
1 min read

Quick Facts

Valuation
$500M
Latest Round Size
$120M
Latest Round Date
June 2024

Etched: Series A Funding Round

Etched has successfully raised $120M in Series A funding, reaching a valuation of $500M.

Company Overview

Custom AI chips for transformers

Funding Details

The Series A round was led by Primary Venture Partners, with participation from Positive Sum Ventures, Gaingels, Riverside Ventures.

Company Information

  • Headquarters: Cupertino, CA
  • Founded: 2022
  • Employees: 35+
  • Category: AI Hardware

Investment

Etched plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Primary Venture Partners: Verified investor in Series A
  • Positive Sum Ventures: Verified investor in Series A
  • Gaingels: Verified investor in Series A
  • Riverside Ventures: Verified investor in Series A

Key Investors

Primary Venture Partners
Lead Investor
Verified investor in Series A
Positive Sum Ventures
Investor
Verified investor in Series A
Gaingels
Investor
Verified investor in Series A
Riverside Ventures
Investor
Verified investor in Series A

About the Author

Editorial Team
Editorial Team
Curated funding news from verified sources