A Harvard dropout trio turned AI chip rebels just landed $300M, catapulting their valuation to $10.3B — and they’re proving skeptics wrong. Etched isn’t just building chips; they’re crafting complete AI inference systems optimized for everything from transformers to Mixture of Experts. Their low-voltage prefill and cluster-scale memory decode tech slashes heat, boosts transistor density, and slashes cost — all while running their own data center and growing to 400 employees. Backed by Sequoia and aA1, they’re turning what once seemed like a wild idea into the future of AI hardware — one sleepless night, gritty demo, and investor pitch at a time.
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