Series D · Hardware
Etched raises $700m Series D to scale inference-system production
The August financing follows a $300m Series C announcement in July as Etched scales integrated hardware systems.
Etched raised $700 million in Series D financing on August 18, following its $300 million Series C announcement on July 23. Participants in the Series D included Andreessen Horowitz, Diffusion, Kleiner Perkins, Neo, Positive Sum, Sequoia Capital, Stripes, Tiger Global, Bain Capital Ventures, Blackstone and Primary Venture Partners.
The financing supports production of integrated AI inference systems. Etched has a rack running in a customer data center and is scaling manufacturing of its inference clusters.
Funding history
Series D · This round$700M
Series C$300M