Jane Street Leads Etched’s $700 Million Round at a $21 Billion Mark:
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Jane Street Leads Etched’s $700 Million Round at a $21 Billion Mark:

hedgeco
11 hours ago
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HedgeCo.Net — Etched said on August 18 it raised $700 million at a $21 billion valuation, led by Jane Street after the trading firm tested the hardware and took the first rack. TechCrunch independently reported the same size, mark, and lead, and noted the step-up from a $300 million Series C at $10.3 billion in July. That July round is on Etched’s own July 23 post as well. The new money is a production round. It is not a seed-to-C software multiple, and it is not Jane Street’s July trading P&amp...

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