# Etched AI funding: rounds and investors

> Etched AI has raised $500M across 1 round since 2026. Investors include Stripes, Ribbit Capital and Primary Venture Partners. Every round with its source.

Source: https://millionrounds.com/company/etched-ai (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Etched AI*

One round we have observed, with the 6 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Hardware & Electronics Semiconductors

Raised 10 months ago

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Funding summary Updated 15 Nov 2026

**$500M** raised across 1 round since 2026, from 2 sources

- **Latest round:** Series C, $500M Jan 2026
- **Led by:** Stripes
- **Investors:** 6 (1 led)

See who backed them

## The rounds

- **Jan 2026** Series C **$500M** [Stripes](https://millionrounds.com/fund/stripes) Lead [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) [Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) [Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) [Peter Thiel](https://millionrounds.com/fund/peter-thiel) Reported by TechStartups and 1 other

## Founders and team

From Etched AI's own website: 3 founders, 6 on the team.

**Gavin Uberti** Co-Founder & CEO

**Robert Wachen** Co-Founder & President

**Chris Zhu** Co-Founder

- **Mark Ross** CTO
- **Brian Loiler** VP of Platform
- **David Munday** VP of Software
- **Saptadeep Pal** VP of ASIC & Architecture
- **Tim Perevozchikov** VP of Finance
- **Wayne Cao** VP of Production

## Everyone who backed them

[Stripes](https://millionrounds.com/fund/stripes) Private equity **1** round, led 1

[Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round

[Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) VC firm **1** round

[Two Sigma Ventures](https://millionrounds.com/fund/two-sigma-ventures) VC firm **1** round

[Hummingbird Ventures](https://millionrounds.com/fund/hummingbird-ventures) VC firm **1** round

[Peter Thiel](https://millionrounds.com/fund/peter-thiel) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=etched-ai).

## Quick answers about Etched AI

### Who invested in Etched AI?

Etched AI's investors include Stripes, Ribbit Capital, Primary Venture Partners, Two Sigma Ventures and Hummingbird Ventures, and 1 more on record. Stripes led its latest round.

### How much has Etched AI raised?

Etched AI has raised $500M across 1 round since 2026.

### When did Etched AI last raise?

Etched AI's most recent round was a Series C of $500M in Jan 2026, led by Stripes.

### What was Etched AI's biggest round?

Its most recent round, $500M in Jan 2026, is also its largest on record.

### Who backed Etched AI first?

Etched AI's first round on record, in Jan 2026, was backed by Stripes, Ribbit Capital and Primary Venture Partners and 3 others.

### What stage is Etched AI at?

Etched AI's latest named round is a Series C, in Jan 2026.

### Where is Etched AI based?

Etched AI is based in the United States.

### Who led Etched AI's rounds?

Stripes led the Series C in 2026.

## Companies like Etched AI

In the same sector, and raised in the last eighteen months.

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