When was Etched founded?

Etched was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Etched located?

Etched is headquartered in San Jose, United States.

Who is the current CEO of Etched?

Gavin Uberti of Etched. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Etched have?

As of Nov 12, 2025, the latest employee count at Etched is 250.

Is Etched a funded company?

Etched is a funded company, having raised a total of $1.63B across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 2023.

How much is Etched worth?

The latest valuation of Etched is $***** as of Jun 25, 2024.

When was the latest funding round of Etched?

Etched's latest funding was a $***** Series D round on Aug 18, 2026, with participation from 13 investors. Its primary sector is Digital ICs. In United States, the Digital ICs sector has seen $6.12B in funding in 2026 to date.

Where does Etched rank among its competitors?

Etched ranks 15th amongst 105 active competitors, of which 43 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Etched, which secured $700M in Aug, 2026.

Who are the top competitors of Etched?

Etched's top competitors include Groq, Cerebras and Biren Technology. Among them, Etched secured the most recent funding round in August, 2026.

Etched - 2026 Company Profile, Team, Funding & Competitors

Etched is a series D company based in San Jose (United States), founded in 2022 by Gavin Uberti and Christopher Zhu. It operates as a Provider of specialized hardware for artificial intelligence designed to accelerate specific model types, such as transformers. Etched has raised $1.63B in funding from investors like Sequoia Capital, Jane Street and Primary Venture Partner, with a current valuation of $*****. The company has 105 active competitors, including 43 funded and 8 that have exited. Its top competitors include companies like Groq, Cerebras and Biren Technology.

Company Details

Provider of specialized hardware for artificial intelligence designed to accelerate specific model types, such as transformers. It is a startup developing specialized hardware for artificial intelligence, specifically designing the world's first transformer ASIC, a chip optimized for running transformer models that aims to offer a significant speed-up in AI workload processing.

Website: www.etched.com/
Email ID: *****@etched.com

Key Metrics

Founded Year

2022

Location

San Jose, United States

Stage

Series D

Total Funding

$1.63B in 5 rounds

Latest Funding Round

Series D, Aug 18, 2026, $*****

Post Money Valuation

$***** as on Jun 25, 2024

Investors

Sequoia Capital & 45 more

Ranked

15^th among 105 active competitors

Employee Count

250 as on Nov 12, 2025

Similar Companies

Groq & 111 more

View Etched's full profile

Etched is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ETCHEDAI INC CIN: 92-0793021 , United States, Active	Mar 28, 2024	-	16 (As on Dec 31, 2023)	-

Etched has raised a total funding of $1.63B over 5 rounds. Its first funding round was on Mar 2023. Its latest funding round was a Series D round on Aug 18, 2026 for $*****. 13 investors participated in its latest round. Etched has 35 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Etched:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 18, 2026	5077744	Series D	3439642	9811384	1937156	7170669
Jul 23, 2026	6978498	Series C	7782275	9066436	1760841	Andreessen Horowitz & 6 more
Dec 01, 2025	2628075	Series B	5958280	5289308	5898124	VentureTech Alliance & 16 more

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View details of Etched's funding rounds and investors

The founders of Etched are Gavin Uberti and Christopher Zhu. Gavin Uberti is the CEO of Etched.

Here are the details of Etched's key team members:

Gavin Uberti: Co-Founder & CEO of Etched and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Christopher Zhu: Co-Founder & CTO of Etched and founder of 1 other company.
Contact Info: 1 email address

View details of Etched's Founder profiles and Board Members

Etched's employee count trend

Etched has 250 employees as of Nov 25. Here is Etched's employee count trend over the years:

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Top competitors of Etched include Groq, Cerebras and Biren Technology. Here is the list of Top 10 competitors of Etched, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Groq 2016, Mountain View (United States), Series E	Developer of specialized hardware processors for artificial intelligence inference workloads	$2.77B	Disruptive, BlackRock & 53 others	72/100
2nd	Cerebras 2015, Sunnyvale (United States), Public	Provider of high-performance AI infrastructure and wafer-scale computing solutions	$2.82B	Benchmark, Fidelity Investments & 35 others	72/100
3rd	Biren Technology 2019, Minhang (China), Public	Developer of AI acceleration modules, cards, and software development platforms	$904M	Shanghai Guotou Pioneer Artificial Intelligence Industry Fund, Ping An ... & 38 others	70/100
4th	Celestial AI 2020, Santa Clara (United States), Acquired	Developer of optical interconnect technology for artificial intelligence infrastructure systems	$589M	Koch Disruptive Technologies, Fidelity Investments ... & 21 others	66/100
5th	EdgeCortix 2019, Chuo (Japan), Series B	Developer of energy-efficient AI processors, accelerators, modules, cards, and systems	$138M	SBI Investment, Global Hands-On VC & 14 others	66/100
6th	Axelera AI 2021, Eindhoven (Netherlands), Series C	Manufacturer of hardware accelerators and software for artificial intelligence inference	$450M	Innovation Industries, Samsung Catalyst Fund ... & 13 others	64/100
7th	Calligotech 2012, Bengaluru (India), Seed	Developer of computing solutions for high-performance computing and AI workloads	$2.67M	KITVEN, UST & 62 others	63/100
8th	Pliops 2015, Ramat Gan (Israel), Series D	Platform offering HPC storage accelerator for enterprises	$205M	Koch Disruptive Technologies, Viola Group ... & 19 others	63/100
9th	EnCharge 2022, Santa Clara (United States), Series B	Developer of hardware and software for edge-to-cloud artificial intelligence compute	$144M	Tiger Global Management, VentureTech Alliance ... & 19 others	63/100
10th	Preferred Infrastructure 2014, Tokyo (Japan), Series D	Developer of AI infrastructure, foundation models, and product solutions	$281M	Toyota Motor, NTT Group & 19 others	63/100
15th	Etched 2022, San Jose (United States), Series D	Provider of specialized hardware for artificial intelligence designed to accelerate specific model types, such as transformers	$1.63B	Sequoia Capital, Hummingbird Ventures & 44 others	60/100