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AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors 

CN
CitrixNews Staff
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AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors 

Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300 million Series C funding round at a $10.3 billion valuation, co-founder and COO Robert Wachen tells TechCrunch.  

The round was led by Sequoia, with Andreessen Horowitz, SK Hynix, Jane Street, and Diffusion Capital also participating, along with other, earlier investors. Other backers of the company include names like Peter Thiel, Andrej Karpathy, Dylan Field, Amjad Masad, and more. 

Originally reported by TechCrunch. Read the full story at the original source.