Wafer aimed for $18M and raised a $40M Series A instead

Marathon and Chemistry co-led the round four and a half months after Wafer disclosed its $4M seed.

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Why it matters

The $40M round finances Wafer's shift from GPU-kernel automation into full-stack inference, where optimization can become recurring infrastructure revenue.

Wafer aimed for $18M and raised a $40M Series A instead — Marathon and Chemistry co-led the round four and a half months after Wafer disclosed its $4M seed.

Wafer raised a $40M Series A co-led by Marathon Management Partners and Chemistry, giving founders Emilio Andere (@gpuemi) and Steven Arellano (@gpusteve) fresh capital to automate the engineering work required to run AI models faster and more cheaply.…

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