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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.

Mar 27, 2024•over 1 year ago

Amount Raised

$175 Million

Santa ClaraMachine LearningArtificial Intelligence

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.

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