Etched Raises $700M at a $21B Valuation and Completes First Customer Delivery to Jane Street

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  "signal_type": "news",
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  "detected_at": "2026-08-18T15:00:00+00:00",
  "company": {
    "name": "Etched",
    "domain": "etched.com"
  },
  "data": {
    "url": "https://www.globenewswire.com/news-release/2026/08/18/3347095/0/en/etched-raises-700m-at-a-21b-valuation-and-completes-first-customer-delivery-to-jane-street.html",
    "title": "Etched Raises $700M at a $21B Valuation and Completes First Customer Delivery to Jane Street",
    "excerpt": "SAN JOSE, Calif., Aug. 18, 2026 (GLOBE NEWSWIRE) -- Etched , the company building frontier inference clusters, today announced $700M in new funding in a round led by Jane Street with participation from Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum and Blackstone at a $21B valuation. Etched also announced Jane Street as the company’s first customer. Etched shipped its first rack last month to Jane Street, and the quantitative trading firm is actively deploying the technology into its workloads. Jane Street said, “We tested the chip and are pleased with the early results. Etched’s unique approach to inference delivers the precision we will need to support our most demanding workloads. We’re excited to now have our own rack running in our data center.” Today’s announcement follows a period of rapid execution for Etched. The company achieved first-pass silicon success in under three years from seed funding, emerged from stealth in June with a team of more than 400 people and a working chip, and closed a Series C less than a month after at the highest valuation ever for a Sequoia-led round. Now, Etched has doubled in valuation again, delivered its first racks to customers, and is building three generations of hardware in parallel. \"We’ve felt the urgency to get our hardware into customers’ hands and run real...",
    "summary": "Etched raised $700 million in a new funding round, reaching a valuation of $21 billion.",
    "location": "San Jose, California, USA",
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    "image_url": "https://ml.globenewswire.com/Resource/Download/eeb59618-5c25-4183-9b79-efd39c6bdda1",
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    "published_at": "2026-08-18T15:00:00Z",
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    "article_sentence": "Etched , the company building frontier inference clusters, today announced $700M in new funding in a round led by Jane Street with participation from Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, Bain Capital Ventures, Neo, Primary, Stripes, Positive Sum and Blackstone at a $21B valuation.",
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"etched.com","limit":20}'