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Etched
VS
Modular

AI infra comparison — funding, valuation, and investors, sourced from Value Add Pulse coverage.

E
Etched

Etched designs Sohu, a transformer-only ASIC chip built to accelerate AI inference workloads more efficiently than general-purpose GPUs like Nvidia's.

6 Pulse stories
M
Modular

Modular builds AI infrastructure software — the Mojo programming language and MAX AI compute platform — designed to unify and speed up AI model deployment across hardware and break Nvidia's CUDA lock-in.

4 Pulse stories
Total Raised
$800M
$380M
EtchedModular
Last Valuation
$10.3B
$1.6B (last independent round; later acquired by Qualcomm for ~$3.9B)
EtchedModular
AI infra
Sector
AI infra
2022
Founded
2022
San Jose, California
HQ
Palo Alto, California
Private
Status
Private
Etched investors
Sequoia CapitalAndreessen HorowitzJane StreetSK HynixStripesPeter Thiel/Thiel CapitalPrimary Venture PartnersPositive Sum Ventures
Modular investors
GV (Google Ventures)General CatalystGreylock PartnersDFJ GrowthUS Innovative Technology (Thomas Tull)

Data from Value Add Pulse coverage and company research — see the full threads for Etched and Modular.

@Trace_Cohen·t@nyvp.com