Celestial AI Raises $175 Million in Funding

Celestial AI is the creator of an optical interconnect technology platform for data center and AI computing solutions. One of the most significant advantages of Celestial AI’s optical interconnect technology is its ability to unlock previously unattainable levels of performance. By harnessing the power of light, data transfer speeds are no longer constrained by the limitations of electrical conductors. This opens doors to real-time processing of vast amounts of data, essential in applications such as artificial intelligence, big data analytics, and high-performance computing.

Celestial AI has raised $175 million in a Series C round led by Thomas Tull’s US Innovative Technology Fund. Moreover, the new round saw participation from new and existing investors AMD Ventures, Koch Disruptive Technologies, Temasek, Temasek’s Xora Innovation fund, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings, Porsche Automobil Holding, Engine Ventures, M-Ventures, and Tyche Partners.

Celestial AI, Santa Clara, California, United States, was founded in 2020 by
David Lazovsky, Michelle Tomasko, and Preet Virk. “This highly oversubscribed financing round is another testament to Celestial AI’s position to disrupt the market,” said founder and CEO Dave Lazovsky. “Today’s advanced AI models require exponentially more I/O bandwidth and memory capacity but are currently constrained by low bandwidth and high latency.”

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