# Etched: valuation, funding, and the secondary tape

## The short version

- Claimed valuation: $10.30B.
- Last priced round: $700.00M at $21.00B post-money.
- Secondary tape: $278.55 per share.
- New-money stake: 3.3%.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | $10.30B |  | [source](https://etched.ai) |
| Last priced round (filed/seeded) | $700.00M @ $21.00B post |  | [source](https://techcrunch.com/2026/08/18/etcheds-valuation-doubles-to-21b-in-a-month/) |
| Clarity (Hiive) tape | $278.55 | 2026-10-04 | [source](https://www.hiive.com/securities/etched-stock) |
| Napkin: new-money stake | 3.3% ($700.00M of $21.00B) |  | [source](https://techcrunch.com/2026/08/18/etcheds-valuation-doubles-to-21b-in-a-month/) |
125 Clarity prints since 2026-06-13

## Recent milestones

- 2026-08-26 - [Synopsys published a case study describing Etched’s use of Synopsys ZeBu emulation solutions to validate its purpose-built Sohu AI inference](https://www.synopsys.com/success-stories/etched-ai-silicon-validation.html)
- 2026-08-26 - [Etched’s official website now reports $800 million raised across four previously unannounced financings, a team of more than 400 engineers, ](https://www.etched.ai/)
- 2026-08-18 - [The Wall Street Journal reported that Jane Street is leading a new $700 million funding round for Etched, valuing the AI-chip startup at app](https://www.wsj.com/tech/ai/a-21-billion-kids-in-chips-startup-is-scooping-up-nvidia-talent-4d099f12)

[marks](https://data.somen.ai/marks) | [napkin](https://data.somen.ai/napkin) | [scorecard](https://data.somen.ai/scorecard) | [all companies](https://data.somen.ai/companies)

*Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.*