Celestial AI Stock

celestial.aiEnterprise Software / Data IntelligenceFounded: 2020Funding to Date: $338.87MM

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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Team

Management Team

Preet Virk
Co-Founder & Chief Operating Officer
Philip Winterbottom
Chief Technology Officer
David Lazovsky
Co-Founder & Chief Executive Officer
Abhijit Abhyankar
Vice President Engineering
Steven Metz
Vice President Sales

Board Members

Isaac Sigron
Koch Disruptive Technologies
Alonso Galvan
IAG Capital Partners

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News Highlights

Chip Company Helping Power AI Raises $175 Million
Celestial AI raised $175 million in new series C funding.
Celestial AI raises $100M to expand Photonic Fabric technology platform
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 raises $100M to transfer data using light-based interconnects
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.
Updated on: May 21, 2024

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