Celestial Ai Raises $56 Million Series A To Disrupt The Artificial Intelligence Chipset Industry With Novel Photonic-Electronic Technology Platform
Amount Raised
$56 Million
Round Type
Series A
SunnyvaleInformation TechnologyHardwareSoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceMachine LearningImage RecognitionInvestors
Description
Celestial AI, an AI-accelerator company with a proprietary hardware and software platform for machine learning chipsets, today announced a $56 million Series A investment led by Koch Disruptive Technologies (KDT) with participation from Temasek’s Xora Innovation fund, The Engine, the venture firm spun out of MIT, Tyche Partners, Merck’s corporate venture fund, M-Ventures, IMEC XPand, and venture capital investor in the Princeton University ecosystem, Fitz Gate. 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. Celestial AI’s mission is to fundamentally transform the way computing is done with a new processing system, based on their proprietary Photonic FabricTM technology platform, that uses light for data movement both within chip and between chips.
Quick answer
Celestial AI raised $56 Million in a Series A round, dated February 4, 2022. Investors: Koch Disruptive Technologies. Celestial AI is based in Sunnyvale, California, United States.
- How much did Celestial AI raise?
- Celestial AI raised $56 Million in a Series A round on February 4, 2022.
- Who invested in Celestial AI?
- Koch Disruptive Technologies is named as investors in this round.
- What does Celestial AI do?
- Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform for compute and memory.
- Where is Celestial AI based and how big is it?
- Celestial AI is based in Sunnyvale, California, United States. Fundz records about 114 employees.
- Who are the decision-makers at Celestial AI?
- Fundz holds 3 contacts at Celestial AI, including the Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hardware and Data And Analytics around the same time
Companies in the same sectors as Celestial AI that raised within 45 days of this round, from Fundz verified event records.
- EdgeCortix raised an undisclosed amount (Series A) on March 1, 2022.
- Cohere raised $125M (Series B) on February 16, 2022.
- Phrasee raised an undisclosed amount on March 16, 2022.
- Autobrains raised $19M (Series C) on March 10, 2022.
- Cybord raised $4M (Seed) on March 8, 2022.
- Drive raised $1.1M (Seed) on March 8, 2022.
Who to call at Celestial AI, and when
A new round usually means Celestial AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Celestial AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Celestial AI, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Celestial AI. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Celestial AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansCelestial AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.