Etched raises $300M at a $10.3B valuation and opens a 10-MW facility

dyett · x · 2026-07-23

Etched has raised $300 million in Series C at a $10.3 billion valuation from Sequoia, Andreessen Horowitz, Jane Street, Argo, and SK Hynix. The company says the money will speed up production of its inference clusters, and it has already opened an 80,000-square-foot, 10-MW facility about 15 minutes from its office for prototyping and production.

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