Celestial AI is a company that develops technology designed to improve AI infrastructure and systems, specifically focusing on data transfer within those systems at an enterprise and large-scale level. Their core product is a technology platform called Photonic Fabric™, which uses light instead of electricity aiming to move data. The Photonic Fabric™ optical interconnect technology platform strives to provide an alternative to other types of chips that are used to process AI models. The approach is meant to be faster and more energy efficient than other methods because it doesn’t generate heat. Celestial AI was founded in 2020 and is headquartered in Santa Clara, CA.
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Is Celestial AI a publicly traded company?
Celestial AI became a public company following its M&A on 02/02/2026 and is now a publicly traded company.
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Will Celestial AI go IPO?
Celestial AI became a public company following its M&A on 02/02/2026.
What is Celestial AI’s IPO price?
The IPO price of Celestial AI is not currently available.
Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock. The purchase price could increase to $5.5 billion if Celestial hits revenue milestones, Marvell said.
Celestial AI, a developer of optical interconnect technology, has announced a successful series B funding round, raising $100 million for its Photonic Fabric technology platform. IAG Capital Partners, Koch Disruptive Technologies (KDT) and Temasek’s Xora Innovation fund led the investment.
Celestial AI today announced that it raised $100 million in a Series B round led by IAG Capital Partners, Koch Disruptive Technologies and Temasek’s Xora Innovation fund. The tranche, which brings Celestial AI’s total raised to more than $165 million, will be used to support the production of Celestial’s photonics platform by expanding the company’s engineering, sales and technical marketing departments, according to CEO Lazovsky.
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