Key facts
- Etched’s last known valuation is $5.0B (Dec 2025).
- It has raised $745.0M across 4 recorded rounds; the latest was Later Stage VC ($700.0M) in Aug 2026.
- Notable investors include Soma Capital, Balaji Srinivasan, Ribbit Capital, Firestreak Ventures, Primary Venture Partners — 49 tracked in total.
- 4 investment vehicles were formed to buy Etched shares in the last 12 months, reporting $14.1M sold to 95 investors, per SEC Form D filings.
- Status: Privately Held (backing).
- ·Post-money valuations for all 4 rounds
- ·The complete investor list — 49 names
- ·Watchlist + deal alerts for Etched
Funding rounds
4 roundsSecondary demand: investment vehicles
from SEC Form D filingsIn the last 12 months, 4 investment vehicles were formed to buy Etched shares, reporting $14.1M sold to 95 investors across 4 sponsors. Most recent filing Feb 2026. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.
About Etched
Developer of an artificial intelligence-based computing hardware designed to cut LLM inference costs radically, specialized for transformers. The company offers hard-coding chips for the transformer architecture, allowing for quick computation of language models compared to general-purpose GPUs, enabling developers to generate new content in real-time.
- Industry
- Semiconductors
- Sector
- Information Technology
- HQ
- San Jose, CA, United States
- Founded
- 2022
- Employees
- 35
- Website
- etched.com/
- Ownership
- Privately Held (backing)
Etched doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Etched shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Etched in its N-PORT filings yet. We sweep new filings monthly.