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Etched

Active#93 in United States

Estimated valuation · AI chips · United States

Designs transformer-specific AI inference chips (ASICs) and servers that run large language models faster and more efficiently than general-purpose GPUs for AI providers.

Founded2022
HQSan Jose
Raisedabout USD 1bn
Last roundSeries B · Jan 2026
Country of originUnited StatesListed in the United States ranking
Where would you invest?United StatesJurisdiction as cited by the ranking

Estimated valuation

AI · United States ranking
≈ USD 5bnUSD 4–6.25bn · Unicorn
Anchor
Last known equity round: Series B · USD 500M · Jan 2026
Published valuation
USD 5bn · Jan 2026
AI adjustment
None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →
RankingTierRankEditionNext update
United States · all sectorsTop 100#93Edition 0 · October 20261 Jan 2027
Rank historyOct 2026 · #93First edition: no movements yet.

Funding history

about USD 1bn raised in total
DateRoundAmountTypeInvestors
Jan 2026Series BUSD 500MEquityStripes

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Etched as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $5BUndervalued or overvalued?
Versus competitorsHow does it compare?
Who should acquire itStrategic buyers, and why
Who should it acquireAcquisition targets, and why
Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication.

Comparable companies in United States

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.