# Inference Chip Startup Etched Raises $700M More at $21B Valuation

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-08-18T12:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 180/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/08/18/inference-chip-startup-etched-raises-another-700m-at-21b-valuation)  
> **Canonical Citation:** [https://spidits.com/timeline/inference-chip-startup-etched-raises-700m-more-at-21b-valuation](https://spidits.com/timeline/inference-chip-startup-etched-raises-700m-more-at-21b-valuation)

## Executive Summary
A few weeks after closing a $300 million round backed by Nvidia Corp., Etched Inc. today announced that it has raised an additional $700 million in funding. Investment firm Jane Street led the deal.

## Key Entities & Companies
- **NVIDIA**

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/08/18/inference-chip-startup-etched-raises-another-700m-at-21b-valuation)**: Inference chip startup Etched raises $700M more at $21B valuation — _A few weeks after closing a $300 million round backed by Nvidia Corp., Etched Inc. today announced that it has raised an additional $700 million in funding. Investment firm Jane Street led the deal. It was joined by Kleiner Perkins, Sequoia, Andreessen Horowitz, Tiger Global, Bain Capital..._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*