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Etched builds custom ASIC chips designed exclusively for transformer-based AI models to outperform general-purpose GPUs on inference workloads.
Raised $625M across disclosed rounds.[13][14]
Venture Round closed January 2026, led by Stripes.[1][2][3][5][6][7][8]
post-money valuation is not publicly disclosed.
Named investors include Stripes, Peter Thiel, Positive Sum Ventures, Ribbit Capital, Primary Venture Partners, Thomas Dohmke, Balaji Srinivasan, Stanley Druckenmiller, Kyle Vogt.[1][2][4][7]
Gavin Uberti, CEO and Co-Founder[1][4][9][10][13]
Chris Zhu, Co-Founder[1][4][9][10][13]
Robert Wachen, Co-Founder and COO[1][4][9][10][13]
Mark Ross, CTO[1][11][12][13]
Ajat Hukkoo, Vice President Hardware Engineering[1][11][12][13]
Saptadeep Pal, Chief Architect
Jun 2026 · techfundingnews.com
reported
Jun 2026 · siliconangle.com
reported
Etched builds custom ASIC chips designed exclusively for transformer-based AI models to outperform general-purpose GPUs on inference workloads.
Ask for one referenceable production customer.
Not a recommendation. The first thing this ledger cannot answer.
Sriram Swaminathan, Head of SoC & Performance DV[1][11][12][13]
Isaiah Goldsmith, Office of the CEO[1][11][12][13]
Nvidia · nvidia.com · Primary competitor; Etched claims Sohu is an order of magnitude faster and cheaper than Nvidia's Blackwell GPUs for transformer inference.[2][3][4]
Cerebras Systems · cerebras.net · Direct competitor in specialized AI hardware; both target Nvidia's dominance with purpose-built silicon for large models.[2][4]
Groq · groq.com · Competes on specialized inference hardware for transformer-based models, same buyer and workflow.[13]
The customer proof is company-sourced only. No independent source in this ledger confirms it.[13]
Ask for one referenceable production customer.
Not a recommendation. The first thing this ledger cannot answer.
Filled in the side panel for invited readers. This card carries sourced facts only.
Jun 2026 · finance.yahoo.com
reported
Jun 2026 · tradingview.com
reported
Jun 2026
vendor
Jun 2026
vendor