# Etched raises USD 700 million at USD 21 billion valuation

On 2026/8/18, Etched officially announced that the US AI inference chip company had raised USD 700 million at a USD 21 billion valuation. Jane Street led after testing its hardware, and it also delivered its first AI accelerator rack.



Canonical: https://uniquebase.ai/news/bb4a2cd2-f886-40e3-b513-7a6db0fe2149
Stable identifier: bb4a2cd2-f886-40e3-b513-7a6db0fe2149
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-16T00:00:28.853Z

## Connected profiles

- [Andreessen Horowitz](/institutions/andreessen-horowitz)
- [Argo](/institutions/argo)
- [Bain Capital Ventures](/institutions/bain-capital-ventures)
- [Blackstone](/institutions/blackstone)
- [Diffusion](/institutions/diffusion)
- [Etched.ai](/companies/etched-ai)
- [Jane Street](/institutions/jane-street)
- [Kleiner Perkins](/institutions/kleiner-perkins)
- [Neo](/institutions/neo)
- [Peter Thiel](/institutions/peter-thiel)
- [Positive Sum](/institutions/positive-sum)
- [Primary](/institutions/primary)
- [Sequoia Capital](/institutions/sequoia-capital)
- [Stripes](/institutions/stripes)
- [Tiger Global](/institutions/tiger-global)

## Sources

- https://www.etched.com/progress/from-zero-to-one