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Etched | Cold Start

Checked Jun 22 2026

Etched

Etched builds custom ASIC chips designed exclusively for transformer-based AI models to outperform general-purpose GPUs on inference workloads.

etched.comChecked Jun 22 202615 cited sources

Source mix8 reported1 company6 data vendor

Raised$625.4MCompany-authored[9]+1

Last roundVenture Round · $500MCorroborated[1]+6

FoundersGavin Uberti, Chris Zhu, Robert WachenCorroborated[1]+4

HQSan Jose, United StatesCompany-authored[9]+1

Headcount258 · May 2026Company-authored[9]

Founded2022Corroborated[1]+2

Who uses it: Hyperscalers, AI research firms, and enterprises deploying large language models and generative AI applications at scale.[2]+3Reported
Public signals: Etched raises $500M at $5B valuation to challenge Nvidia[1]+6Reported
Financing: Total raised is $625,400,000.[9]