AI chip startup Etched doubles valuation to $21 billion in under a month

Source: The Times of India· Reuters· August 19, 2026
AI chip startup Etched doubles valuation to $21 billion in under a month

The San Jose, California-based company raised $700 million, with trading firm Jane Street continuing its backing ‌by leading ⁠the round, ⁠joined by Kleiner Perkins, Sequoia, Andreessen Horowitz and Tiger Global, among others.

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