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Wafer Secures $40 Million In Series A Funding At $200 Million Valuation

San Francisco-based Wafer raised $40 million in Series A funding at a $200M + valuation, bringing its total funding to $44.5 million . Founded by Emi Andere and Steven Arellano , Wafer sells fast inference for open-so…

By TradedVC Editorial1 min read
Wafer Secures $40 Million In Series A Funding At $200 Million Valuation
San Francisco-based Wafer raised $40 million in Series A funding at a $200M+ valuation, bringing its total funding to $44.5 million. Founded by Emi Andere and Steven Arellano, Wafer sells fast inference for open-source LLMs, using AI agents to continuously optimize GPU kernels based on workload traffic and performance constraints. The round included Marathon, Chemistry, Wing, Fifty Years, Outset Capital, Y Combinator and AMD Ventures. FOUNDERS: Emilio Andere (@EmiAndere) & Steven Arellano (@_StevenArellano) INVESTORS: Marathon, Chemistry, Wing, Fifty Years, Outset Capital, Y Combinator & AMD Ventures ROUND: Series A AMOUNT: $40,000,000 VALUATION: $200M+ HQ: San Francisco, California #VentureCapital #Wafer #EmilioAndere #TradedPartner #TradedVC

ABOUT THE DEAL

Raise
$40M
Round
Series A
Company
Wafer
Desk
Deals
Filed
Sep 2, 2026
Founders
  • Emilio Andere (@EmiAndere)
  • Steven Arellano (@_StevenArellano)
Investors
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