Wafer

“Wafer… raised $40m in Series A funding after spurning acquisition offers. Marathon and Chemistry led, joined by Wing, AMD Ventures, Outset Capital, Fifty Years, and YC.”

“Wafer… raised $40m in Series A funding after spurning acquisition offers.”

“The volume of capital flowing into AI-adjacent infrastructure — chips, agent security, autonomous infrastructure engineering — signals a maturing ecosystem where investors are betting on the picks-and-shovels layer of AI deployment.”