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.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
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03/27/2024 | Series C-NV | $1.75MM | $xx.xx | $1.22B | U.S. Innovative Technology Fund, AMD Ventures, Koch Disruptive Technologies, Temasek, Xora Innovation, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings, Porsche, Engine Ventures, M-Ventures, Tyche Partners | |
Price per Share
$xx.xx
Shares Outstanding
200,895
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
U.S. Innovative Technology Fund, AMD Ventures, Koch Disruptive Technologies, Temasek, Xora Innovation, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings, Porsche, Engine Ventures, M-Ventures, Tyche Partners
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03/27/2024 | Series C | $173.25MM | $xx.xx | $1.22B | U.S. Innovative Technology Fund, AMD Ventures, Koch Disruptive Technologies, Temasek, Xora Innovation, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings, Porsche, Engine Ventures, M-Ventures, Tyche Partners | |
Price per Share
$xx.xx
Shares Outstanding
19,896,260
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
U.S. Innovative Technology Fund, AMD Ventures, Koch Disruptive Technologies, Temasek, Xora Innovation, IAG Capital Partners, Samsung Catalyst, Smart Global Holdings, Porsche, Engine Ventures, M-Ventures, Tyche Partners
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06/28/2023 | Series B-NV | $12.83MM | $xx.xx | $368.65MM | IAG Capital Partners, Koch Disruptive Technologies, Xora Innovation, Samsung Catalyst, Smart Global Holdings, Porsche Automobil Holding, The Engine, imec.xpand, M Ventures, Tyche Partners | |
Price per Share
$xx.xx
Shares Outstanding
3,875,463
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
IAG Capital Partners, Koch Disruptive Technologies, Xora Innovation, Samsung Catalyst, Smart Global Holdings, Porsche Automobil Holding, The Engine, imec.xpand, M Ventures, Tyche Partners
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06/28/2023 | Series B | $87.17MM | $xx.xx | $368.65MM | IAG Capital Partners, Koch Disruptive Technologies, Xora Innovation, Samsung Catalyst, Smart Global Holdings, Porsche Automobil Holding, The Engine, imec.xpand, M Ventures, Tyche Partners | |
Price per Share
$xx.xx
Shares Outstanding
26,336,017
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
IAG Capital Partners, Koch Disruptive Technologies, Xora Innovation, Samsung Catalyst, Smart Global Holdings, Porsche Automobil Holding, The Engine, imec.xpand, M Ventures, Tyche Partners
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02/04/2022 | Series A | $56MM | $xx.xx | $172.97MM | Koch Disruptive Technologies, Temasek, The Engine, Tyche Partners, M-Ventures, IMEC XPand, Fitz Gate | |
Price per Share
$xx.xx
Shares Outstanding
25,242,503
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Koch Disruptive Technologies, Temasek, The Engine, Tyche Partners, M-Ventures, IMEC XPand, Fitz Gate
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06/05/2021 | Series Seed-1 | $2.87MM | $xx.xx | $35.89MM | The Engine | |
Price per Share
$xx.xx
Shares Outstanding
2,751,904
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
The Engine
|
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08/11/2020 | Series Seed | $5MM | $xx.xx | $16.67MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
10,989,975
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
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