AI inference chip startup Etched raised a $300M Series C led by Sequoia, with a16z, SK Hynix, others participating, at a $10.3B valuation, up from $5B in Dec. (Julie Bort/TechCrunch)

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Etched raised $300 million at a $10.3 billion valuation to scale specialized AI inference chips.

Categories: Money & Moves

Excerpt

<a href="https://techcrunch.com/2026/07/23/ai-chip-startup-etched-defies-skeptics-hits-10-3b-valuation-from-big-name-investors/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260723/i27.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260723/p27#a260723p27" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Julie Bort / <a href="http://techcrunch.com/">TechCrunch</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://techcrunch.com/2026/07/23/ai-chip-startup-etched-defies-skeptics-hits-10-3b-valuation-from-big-name-investors/">AI inference chip startup Etched raised a $300M Series C led by Sequoia, with a16z, SK Hynix, others participating, at a $10.3B valuation, up from $5B in Dec.</a></b></span>&nbsp; &mdash;&nbsp; Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300 million Series C funding round &hellip; </p>

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