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
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
Phone
Undisclosed
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.
Profile
Celestial AI LinkedIn Company Profile
Social Media
Celestial AI Company Twitter Account
Company News
Celestial AI News
Facebook
Celestial AI on Facebook
YouTube
Celestial AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David Lazovsky
  David Lazovsky LinkedIn Profile  David Lazovsky Twitter Account  David Lazovsky News  David Lazovsky on Facebook
Chief Operating Officer
Preet Virk
  Preet Virk LinkedIn Profile  Preet Virk Twitter Account  Preet Virk News  Preet Virk on Facebook
Chief Technical Officer
Philip Winterbottom
  Philip Winterbottom LinkedIn Profile  Philip Winterbottom Twitter Account  Philip Winterbottom News  Philip Winterbottom on Facebook
Vice President
Luis Stevens
  Luis Stevens LinkedIn Profile  Luis Stevens Twitter Account  Luis Stevens News  Luis Stevens on Facebook
Vice President
Michelle Tomasko
  Michelle Tomasko LinkedIn Profile  Michelle Tomasko Twitter Account  Michelle Tomasko News  Michelle Tomasko on Facebook


 

 

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

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary