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Etched doubles valuation to $20.3 billion on Jane Street deal - Cryptopolitan

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Etched raises $700 million at $21 billion valuation after Jane Street chip test

AI hardware startup Etched raised $700 million at a $21 billion valuation in a round led by Jane Street, after the quantitative trading firm tested and purchased the company's systems. The valuation doubled from $10.3 billion just weeks earlier.

Aug 17, 2026·3 sourcesVenture capital fundingCompute, chips & AI infrastructureAI startups
Etched raises $700 million at $21 billion valuation after Jane Street chip test
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Crypto Briefing

Etched raises $700M at $21B valuation after Jane Street chip test

Cryptopolitan

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