What Is Etched’s Valuation in 2026? $21B After $700M
Etched closed $700M at $21B on August 18, 2026, led by Jane Street after the trading firm tested and installed a rack. That doubles July’s $10.3B Series C in a month. Revenue was not disclosed.
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Etched closed $700M at $21B on August 18, 2026, led by Jane Street after the trading firm tested and installed a rack. That doubles July’s $10.3B Series C in a month. Revenue was not disclosed.
Costanoa and First In led Smack Technologies’ $61M Series B (total >$90M) to build Alpha hardware that pairs with Omega command planning already moving into U.S. military production.
SoftBank is the sole investor in Gravis’s $200M Series A (Aug 17, 2026). ETH Zurich spinout sells a mixed-fleet autonomy kit — physical AI for earthmoving, not a new OEM.
Groq’s current valuation is $3.5 billion as of the August 17, 2026 $350M Series A (Disruptive; planned NVIDIA). That sits on top of $650M in June — not instead of it. $3.5B is not a simple down round vs the old ~$6.9B chip-company mark.
Higgsfield’s $400M Series B at $5.4B (Aug 17, 2026) is a compute-and-workflow bet on AI video. Company claims $700M ARR — treat as company-reported.
Palona AI closed a $20M Series A (total, including converted SAFEs) for a multimodal AI layer for physical businesses. Ardenwood led per secondary reports; Neo participated. Named restaurant customers include Din Tai Fung and Mountain Mike’s. Not Owner.