Etched Scores $300 Million Funding

Etched raised $300 million in a round led by Sequoia Capital.

The AI hardware startup was valued at $10.3 billion, with participation from Andreessen Horowitz, Jane Street, Diffusion, Argo, and SK Hynix.

The funding will help Etched expand its inference cluster systems and related hardware stack.

The deal underscores strong investor demand for specialized AI compute infrastructure.