Inference chip startup Etched raises another $700M at $21B valuation

Etched Inc., an inference chip startup, announced it raised an additional $700 million in funding, bringing its valuation to $21 billion. The round was led by Jane Street and included Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, and Bain Capital Ventures, coming just weeks after a $300 million round backed by Nvidia Corp.

Inference chip startup Etched raises another $700M at $21B valuation By Maria DeutscherSource: SiliconANGLE https://siliconangle.com A few weeks after closing a $300 million round backed by Nvidia /glossary/nvidia Corp., Etched Inc. today announced that it has raised another $700 million in funding. Investment firm Jane Street led the deal. It was joined by Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, Bain Capital Ventures and several others. The raise more than doubles … The post Inference chip startup Etched raises another $700M at $21B valuation https://siliconangle.com/2026/08/18/inference-chip-startup-etched-raises-another-700m-at-21b-valuation/ appeared first on SiliconANGLE https://siliconangle.com . Get AI news in your inbox Daily digest of what matters in AI.