Etched.ai is a technology company specializing in the development of Application-Specific Integrated Circuits (ASICs), aiming for high-performance computing applications. The company has a mission of creating custom hardware solutions designed to optimize efficiency and performance for specific tasks. The company’s flagship product, Sohu, aims to be one of the world's first transformer ASICs designed to accelerate machine learning and artificial intelligence workloads. Etched.ai was founded by Chris Zhu, Gavin Uberti, and Robert Wachen in 2022 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
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06/25/2024 | Series A0-3 | $784,954 | $xx.xx | $332.53MM | Primary Venture Partners, Positive Sum Ventures, Peter Thiel, Thomas Dohmke, Charlie Cheever, Hummingbird Ventures, Fundomo, Fontinalis Partners, Earthshot Ventures, Lightscape Partners, Two Sigma Ventures, Oceans Ventures, Skybox Datacenters, Stanley Druckenmiller, David Siegel, Balaji Srinivasan, Amjad Masad, Kyle Vogt, Kevin Hartz, Jason Warner, Bryan Johnson, Mike Novogratz, Immad Akhund, Jawed Karim | |
Price per Share
$xx.xx
Shares Outstanding
60,357
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Primary Venture Partners, Positive Sum Ventures, Peter Thiel, Thomas Dohmke, Charlie Cheever, Hummingbird Ventures, Fundomo, Fontinalis Partners, Earthshot Ventures, Lightscape Partners, Two Sigma Ventures, Oceans Ventures, Skybox Datacenters, Stanley Druckenmiller, David Siegel, Balaji Srinivasan, Amjad Masad, Kyle Vogt, Kevin Hartz, Jason Warner, Bryan Johnson, Mike Novogratz, Immad Akhund, Jawed Karim
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06/25/2024 | Series A0 | $103.5MM | $xx.xx | $332.53MM | Primary Venture Partners, Positive Sum Ventures, Peter Thiel, Thomas Dohmke, Charlie Cheever, Hummingbird Ventures, Fundomo, Fontinalis Partners, Earthshot Ventures, Lightscape Partners, Two Sigma Ventures, Oceans Ventures, Skybox Datacenters, Stanley Druckenmiller, David Siegel, Balaji Srinivasan, Amjad Masad, Kyle Vogt, Kevin Hartz, Jason Warner, Bryan Johnson, Mike Novogratz, Immad Akhund, Jawed Karim | |
Price per Share
$xx.xx
Shares Outstanding
6,366,649
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Primary Venture Partners, Positive Sum Ventures, Peter Thiel, Thomas Dohmke, Charlie Cheever, Hummingbird Ventures, Fundomo, Fontinalis Partners, Earthshot Ventures, Lightscape Partners, Two Sigma Ventures, Oceans Ventures, Skybox Datacenters, Stanley Druckenmiller, David Siegel, Balaji Srinivasan, Amjad Masad, Kyle Vogt, Kevin Hartz, Jason Warner, Bryan Johnson, Mike Novogratz, Immad Akhund, Jawed Karim
|
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05/16/2023 | Series A0-2 | $1.41MM | $xx.xx | $31.2MM | Primary Venture Partners, Michael Kohen, Devin Wenig | |
Price per Share
$xx.xx
Shares Outstanding
580,431
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Primary Venture Partners, Michael Kohen, Devin Wenig
|
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05/16/2023 | Series A0-1 | $4.01MM | $xx.xx | $31.2MM | Primary Venture Partners, Michael Kohen, Devin Wenig | |
Price per Share
$xx.xx
Shares Outstanding
2,244,988
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Primary Venture Partners, Michael Kohen, Devin Wenig
|