Position in SVTR
Snapshot 2026-10-25- Startup SignalsTop 5%↓4
- ComputeTop 10%↓1
- Chips#5of 135↓1
- Data Centers#10of 71–
- Inference#8of 54↓1
About
Etched develops AI inference ASICs optimized for Transformer models (codenamed Sohu), positioning as an alternative to Nvidia GPUs.
Technology & BusinessWhat · How · Which stage
Stack Layer芯片HighEvidence
专为 Transformer 优化的 AI 推理专用芯片 Sohu（ASIC），并做机架级推理集群
Source：Official site · Updated 2026-09-10 · View source
Technology PathCMOS 数字HighEvidence
专为 Transformer 优化的 AI 推理专用芯片 Sohu（ASIC），并做机架级推理集群
Source：Official site · Updated 2026-09-10 · View source
Deployment云端/数据中心HighEvidence
专为 Transformer 优化的 AI 推理专用芯片 Sohu（ASIC），并做机架级推理集群
Source：Official site · Updated 2026-09-10 · View source
Full tier & rationale — an SVTR Intelligence benefit
Timeline
Public events aggregated from this page; rating changes are member-only.
Capital graph
Company· 12
Investor· 10
Founders / team· 3
Funding history
- 2026-07-24Series C$300M
Investors · Andreessen Horowitz, SK Hynix, Jane Street, Sequoia Capital, DiffusionSource · globenewswire.com ↗
- 2026-01-13New funding round$500M
Investors · Hudson River Trading, Stripes, Primary Venture Partners, VentureTech Alliance, Ribbit Capital, Positive Sum, Radical Ventures, Jump Trading GroupSource · bloomberg.com ↗
- 2025-04Series A$85M
Investors · UndisclosedSource · SVTR Weekly #099
- 2024-06New funding round$120M
Investors · Skybox Data Centers, Fundomo, Fontinalis, Oceans Ventures, Earthshot Ventures, Lightscape Partners, Two Sigma Ventures, Positive Sum, Primary Venture Partners, Hummingbird, Ribbit CapitalSource · SVTR Weekly #059
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Etched
Transformer-specific inference ASIC chip (Sohu) and inference servers
Series C · $1.9B · 2026-07
$1.9B
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Series D+ · $2.9B · 2026-02 · Valuation $23B
$2.9BValuation $23B - Groq
AI inference cloud and data center operations (pivoted from in-house inference chips)
Series D+ · $2.8B · 2026-08 · Valuation $3.5B
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Series A1 · $71M · 2026-08 · Valuation $1.5B
$71MValuation $1.5B - 行云集成
GPGPU chips for large model inference, with in-house cores matching the CUDA programming experience, aimed at lowering inference compute costs
Undisclosed · 2026-09
— - NanoCoreChip
3D compute-in-memory (3D-CIM) AI inference chips
Series C · $154M · 2026-09
$154M
Europe
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Compute-in-memory AI inference chips and complete systems for data centers
Series B · $236M · 2026-05
$236M - Nscale
Full-stack AI cloud platform: GPU cloud compute, AI training/inference infrastructure and integrated data center plus power services
Debt / Convertible · $3.7B · 2026-09 · Valuation $15B
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Converts Bitcoin mining facilities into AI data centers; GPU compute services
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$1.2B
Other / unspecified
BusinessLatest roundTotal raisedDate- Rebellions
Designs the AI inference chip Rebel100 along with companion servers and full racks, for telecom operators and data centers to run agent inference
Pre-IPO · $898M · 2026-03 · Valuation $2.3B
$898MValuation $2.3B - Tenstorrent
Develops processors and software that enhance AI and machine learning capabilities
Series D+ · $2.3B · 2026-10 · Valuation $6.2B
$2.3BValuation $6.2B - EUCLYD
Programmable ASICs and rack-scale systems for foundation model inference, using processor-memory co-design to cut energy use
Series A · 2026-09
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Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Maverick Silicon
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Request intro →Valor Equity Partners
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Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.