Celestial AI closed $175 million in a Series C funding round led by U.S. Innovative Technology Fund to revolutionize memory and compute fabrics with its Photonic Fabric™ optical interconnect technology platform.
PRIVATEMar 27, 2024
Amount Raised
$175 Million
Round Type
Series C
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Investors
Tyche PartnersM VenturesEngine VenturesPorsche Automobil Holding SeSmart Global HoldingsSamsung CatalystIag Capital PartnersXora InnovationTemasekKoch Disruptive TechnologiesAmd VenturesU.S. Innovative Technology Fund
Description
Celestial AI closed a highly oversubscribed $175 million Series C funding round led by Thomas Tull’s U.S. Innovative Technology Fund (USIT). The investment will enable the company to execute multiple large-scale customer collaborations focused on commercializing its breakthrough Photonic Fabric technology platform.
Company Information
Company
Celestial AI
Location
2962 Bunker Hill Ln, Suite 200
Santa Clara, California, United States
About
Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform for compute and memory. The Photonic Fabric provides the foundational technology for optically scalable, disaggregated data center compute and memory to unleash advancements in AI with sustainable and profitable business models. Celestial AI’s Photonic Fabric delivers a transformative leap in AI system performance and energy efficiency.
Fundz sees it the moment Celestial AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Santa ClaraInformation TechnologyHardwareSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceMachine LearningImage Recognition