Etched Raises $800 Million From Jane Street, TSMC-Linked VC as It Prepares Summer Chip Shipments
Updated
Updated · Bloomberg · Jun 30
Etched Raises $800 Million From Jane Street, TSMC-Linked VC as It Prepares Summer Chip Shipments
2 articles · Updated · Bloomberg · Jun 30
Summary
$800 million in new funding gives AI chip startup Etched fresh backing from investors including Jane Street and a venture firm linked to Taiwan Semiconductor Manufacturing Co.
The raise spotlights Etched as an aspiring Nvidia competitor at a moment when it says it plans to begin shipping chips to some customers this summer.
Those named investors tie the startup to both a major trading firm and capital connected to the world’s leading contract chipmaker, underscoring confidence ahead of its first deliveries.