Tech Company Financing Transactions

Celestial AI Funding Round

On 2/16/2022, Celestial AI landed $56 million in Series A investment from Koch Disruptive Technologies, Fitz Gate Ventures and imec.xpand.

Transaction Overview

Company Name
Announced On
2/16/2022
Transaction Type
Venture Equity
Amount
$56,000,000
Round
Series A
Proceeds Purpose
The new capital will be used for expanding the global engineering team, product development and strategic supplier engagements, including Broadcom, to build the company's Orion AI accelerator products.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
3001 Tasman Dr.
Santa Clara, CA 95054
USA
Phone
Undisclosed
Email Address
Overview
Celestial AI is a Machine Learning (ML) accelerator company that has developed a technology platform which enables the next generation of high-performance computing solutions. Celestial AI's mission is to transform data parallel computing with a proprietary Photonic Fabric technology platform which uses light for data movement both within chip and between chips.
Profile
Celestial AI LinkedIn Company Profile
Social Media
Celestial AI Company Twitter Account
Company News
Celestial AI News
Facebook
Celestial AI on Facebook
YouTube
Celestial AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Lazovsky
  David Lazovsky LinkedIn Profile  David Lazovsky Twitter Account  David Lazovsky News  David Lazovsky on Facebook
Chief Operating Officer
Preet Virk
  Preet Virk LinkedIn Profile  Preet Virk Twitter Account  Preet Virk News  Preet Virk on Facebook
Chief Technical Officer
Philip Winterbottom
  Philip Winterbottom LinkedIn Profile  Philip Winterbottom Twitter Account  Philip Winterbottom News  Philip Winterbottom on Facebook
Vice President
Luis Stevens
  Luis Stevens LinkedIn Profile  Luis Stevens Twitter Account  Luis Stevens News  Luis Stevens on Facebook
Vice President
Michelle Tomasko
  Michelle Tomasko LinkedIn Profile  Michelle Tomasko Twitter Account  Michelle Tomasko News  Michelle Tomasko on Facebook


 

 

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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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