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Etched
Semiconductors · San Jose, United States · Founded 2022
Designing specialized chips for language model inference MoreLess
Etched is a company that has developed an AI model called Oasis, which is designed to generate open-world games. This model allows for the creation of interactive and explorable game environments, distinguishing it from other AI video models that typically generate non-interactive video from text prompts.
Oasis is positioned as the first playable AI model of its kind, with the ability to generate entire game worlds. The company's focus is on providing tools for the gaming industry, enabling developers to create dynamic and expansive game experiences. The business model likely involves licensing this technology to game development studios or offering it as a platform for creating new games.
Keywords: AI model, game generation, open-world games, interactive environments, explorable worlds, game development, playable AI, video game technology, generative AI, game design
News
Etched hits $21B valuation with $700M Series D led by Jane Street
Aug 18, 2026
News
Etched hits $10.3B valuation in $300M raise, doubling in seven months
Jul 23, 2026
News
Etched exits stealth with $800M and $1B in chip contracts
Jun 30, 2026
Market map
Orbital Compute
Jun 11, 2026
Market map
Generative AI startups
Market map
World models, physical AI, robotics general intelligence
Company overview
Etched company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2022
- Headquarters
- San Jose, United States
- Employees
- 493
- Open positions
- None listed
- Dealroom signal
- 94.2
Valuation & funding
Etched funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES C | Jul 2026 | $300M | $10B | Andreessen Horowitz · Peter Thiel · Amjad Masad · Diffusion Capital Partners | ↗ |
| LATE VC | Jan 2026 | $500M | $5B | Positive Sum · Peter Thiel · Ribbit Capital · Stripes | ↗ |
| SERIES B | Mar 2025 | — | — | Anti Fund | — |
| SERIES A | Jun 2024 | $120M | $480M | Fontinalis Partners · Walter Kortschak · Kyle Vogt · Velvet Sea Ventures | ↗ |
| SEED | May 2023 | $5.4M | $22M | Primary Venture Partners · Michael Kohen · Matt Shumer | ↗ |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $120M | +700% | 493 |
| 2025 | $15M | — | 274 |
| 2024 | — | — | 96 |
| 2023 | — | — | 14 |
Growth signals
Etched website traffic
Latest recorded traffic for Etched is 200K monthly website visits, up 308.2% over the last three months. Etched's team grew 79.9% over the past year.
Comparisons
Etched compared with similar companies
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Talent graph
Etched's talent
Source: Dealroom Talent Intelligence.
Investors
42 investors on Etched's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Etched has talent and traffic
team presence
In the news
Latest news about Etched
Recent press, funding announcements, and product moves mentioning Etched — open to read from the original sources.
Market sentiment
What the market is saying about Etched
An AI-synthesized read of the highest-engagement posts about Etched on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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