Etched raises $700M at $21B valuation, ships first rack to Jane Street
bingxu_ · x · 2026-08-19
Etched announced a $700M raise at a $21B valuation from Jane Street, Kleiner Perkins, Sequoia, A16Z, Peter Thiel, BCV and Blackstone, and has shipped its first rack to Jane Street. The viral twist: a commenter quipped 'wait the box isn't going to fit in the truck' — the sheer size of the rack became the meme of the announcement.
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