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 Menlo Park, United States.

Who is the current CEO of Etched?

Gavin Uberti of Etched. They have also founded 1 company.

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 $800M across 3 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 B round on Dec 01, 2025, with participation from 17 investors.

Where does Etched rank among its competitors?

Etched ranks 7th amongst 102 active competitors, of which 42 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Cerebras, which secured $850M in Apr, 2026.

Who are the top competitors of Etched?

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

Etched - 2026 Company Profile, Team, Funding & Competitors

Etched is a series B company based in Menlo Park (United States), founded in 2022 by Christopher Zhu and Gavin Uberti. It operates as a Provider of specialized hardware for artificial intelligence designed to accelerate specific model types, such as transformers. Etched has raised $800M in funding from Primary Venture Partner and Positive Sum, with a current valuation of $*****. The company has 102 active competitors, including 42 funded and 8 that have exited. Its top competitors include companies like Cerebras, Biren Technology and Celestial AI.

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

Menlo Park, United States

Stage

Series B

Total Funding

$800M in 3 rounds

Latest Funding Round

Series B, Dec 01, 2025, $*****

Post Money Valuation

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

Investors

Primary Venture Partner & 32 more

Ranked

7^th among 102 active competitors

Employee Count

250 as on Nov 12, 2025

Similar Companies

Nvidia & 305 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 $800M over 3 rounds. Its first funding round was on Mar 2023. Its latest funding round was a Series B round on Dec 01, 2025 for $*****. 17 investors participated in its latest round. Etched has 24 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Etched:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2025	3662455	Series B	5799519	3199397	6337049	7206954
Jun 25, 2024	8341566	Series A	4429911	4716336	5238631	Hummingbird Ventures & 13 more
Mar 2023	8264723	Seed	4168261	8280477	8367586	3595648

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View details of Etched's funding rounds and investors

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

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

Christopher Zhu: Co-Founder & CTO of Etched and founder of 1 other company.
Contact Info: 1 email address
Gavin Uberti: Co-Founder & CEO 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 Cerebras, Biren Technology and Celestial AI. 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	Cerebras 2015, Sunnyvale (United States), Public	Provider of high-performance AI infrastructure and wafer-scale computing solutions	$2.82B	Fidelity Investments, Tiger Global Management ... & 33 others	72/100
2nd	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 ... & 37 others	70/100
3rd	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
4th	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
5th	MatX 2022, Mountain View (United States), Series B	Provider of custom high-throughput chips specifically optimized for training and serving Large Language Models	$620M	Spark Capital, Jane Street & 8 others	64/100
6th	EdgeCortix 2019, Chuo (Japan), Series B	Developer of energy-efficient AI processors, accelerators, modules, cards, and systems	$138M	SBI Investment, Vajra & 14 others	63/100
7th	Etched 2022, Menlo Park (United States), Series B	Provider of specialized hardware for artificial intelligence designed to accelerate specific model types, such as transformers	$800M	Max Ventures, Ribbit Capital & 31 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	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
10th	Calligotech 2012, Bengaluru (India), Seed	Developer of computing solutions for high-performance computing and AI workloads	$2.67M	KITVEN, UST & 62 others	63/100