Tech Company Financing Transactions
Celestial AI Funding Round
Celestial AI closed a $175 million Series C funding round on 3/27/2024. Investors included US Innovative Technology Fund, AMD and Engine Ventures.
Transaction Overview
Company Name
Announced On
3/27/2024
Transaction Type
Venture Equity
Amount
$175,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
3001 Tasman Dr.
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Undisclosed
Website
Email Address
Overview
Celestial AI is a Machine Learning (ML) accelerator company that has developed a technology platform which enables the next generation of high-performance computing solutions. Celestial AI's mission is to transform data parallel computing with a proprietary Photonic Fabric technology platform which uses light for data movement both within chip and between chips.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 3/26/2024: Be Fulfilled venture capital transaction
Next: 3/27/2024: Observe venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs