Etched secured $300 million in Series C funding, valuing the company at $10.3 billion, with participation from investors including Sequoia, Andreessen Horowitz, Jane Street, Argo, and SK Hynix. The capital will accelerate production of its AI inference clusters, supported by a newly opened 80,000-sqft, 10-MW facility.
Etched's significant funding and facility expansion signal increasing investment in specialized AI inference compute, with a major memory supplier directly backing the effort.