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
Investors
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
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Lazovsky
Chief Operating Officer
Preet Virk
Chief Technical Officer
Philip Winterbottom
Vice President
Luis Stevens
Vice President
Michelle Tomasko
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