Astera Labs was founded in 2017 by Casey Morrison, Jitendra Mohan, and Sanjay Gajendra. According to Bloomberg in October 2023, Astera Labs “is working with investment banks to prepare for an initial public offering that could come as soon as next year.”
Astera Labs is a connectivity intelligence semiconductor company. Per Forge data, Astera Labs raised $206.4 million in funding over 4 rounds. Their latest funding was raised on Nov 17, 2022, from a Series D round. Key investors include Fidelity.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
---|---|---|---|---|
11/17/2022 | Series D | $150MM raised | $XXX.XX | $XXX.XX |
9/27/2021 | Series C | $52.51MM raised | $XXX.XX | $XXX.XX |
4/22/2020 | Series B and B-1 | $26.12MM raised | $XXX.XX | $XXX.XX |
3/21/2018 | Series A and A-1 | $8.5MM raised | $XXX.XX | $XXX.XX |