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AI Hardware

Etched

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

Cupertino, CAJune 26, 20241 min read
Total Raised
$120M
Valuation
$500M
Latest Round
Series A
Employees
35+

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

Company Info

Headquarters
Cupertino, CA
Founded
2022
Team Size
35+
Last Round
$120M(Jun 2024)

Investors (4)

P
Primary Venture PartnersLead
Lead Investor
Verified investor in Series A
P
Positive Sum Ventures
Investor
Verified investor in Series A
G
Gaingels
Investor
Verified investor in Series A
R
Riverside Ventures
Investor
Verified investor in Series A

Topics

verified(3079)real-funding(3079)etchedai hardwareseries-acupertino

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