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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

Valuation $10–50B
Revenue $100–500M
Headcount 100–500
Total funding $500M–1B
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Etched and the history behind them.

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
client focusb2btechnologyArtificial IntelligencetechnologyHardwaretechnologyDeep Techbusiness modelManufacturingsectorCore AIsectorVerified Unicorns and $1B ExitssectorGenerative AIsectorSemiconductor Designers and ManufacturerssectorChips and ProcessorssectorAI Chips and ProcessorssectorgenAI Computing LayersectorAI Computing InfrastructuresectorNIF defense security and resilience

Valuation & funding

Etched funding history

Real financing events remain useful in the public preview; precision and the complete record are the upgrade.

Deal typeDateAmountValuationInvestorsSource
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 $0 $0 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
Showing 5 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

USDRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $120M +700% $0 0% 0%
2025 $15M 0% $0 0% 0%
2024 $0 0% $0 0% 0%
2023 $0 0% $0 0%
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

How Etched is moving

Follow workforce and web momentum over time, compare each signal with similar companies, and spot changes before they show up in a financing event.

Unlock Etched growth signals See the complete traffic and team-growth history with peer benchmarks. Unlock Etched growth signals

People

Leadership and team at Etched

25 people are mapped to this company. A useful sample stays open; the full people graph is gated.

Team by function

Product & Engineering56.4%
Operations & Administration30.3%
Other12.1%
Research1.1%
Roles, tenure and founder relationshipsSee all 25 people →

Comparisons

Etched compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Etched's talent

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Team profiled 25 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

36 investors on Etched's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Seed 3 investors entered at this stage
Primary Venture Partners
Michael Kohen
Matt Shumer
Series A 24 investors entered at this stage
Positive Sum
Fontinalis Partners
Walter Kortschak
Kyle Vogt
Velvet Sea Ventures
Skybox Datacenters
Earthshot Ventures
David Siegel
Stanley Freeman Druckenmiller
Peter Thiel
Amjad Masad
Max Ventures
Thomas Dohmke
Fundomo
Hummingbird Ventures
Two Sigma Ventures
Balaji Srinivasan
Charlie Cheever
Oceans Ventures
Jason Warner
Galaxy Digital
Lightscape Partners
Mei Z.
Anti Fund
Series B+ 9 investors entered at this stage

Global footprint

Where Etched has talent and traffic

Workforce by country
5 countries with
team presence
🇺🇸 United States95.8%
🇹🇼 Taiwan2.6%
🇨🇦 Canada0.8%
🇬🇧 United Kingdom0.4%
🇧🇬 Bulgaria0.4%
5 countries shown

In the news

Latest news about Etched

Recent press, funding announcements, and product moves mentioning Etched — open to read from the original sources.

See all news

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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