Celestial AI closed $175 million in a Series C funding round led by U.S. Innovative Technology Fund to revolutionize memory and compute fabrics with its Photonic Fabric™ optical interconnect technology platform.
Celestial AI closed $175 million in a Series C funding round led by U.S. Innovative Technology Fund to revolutionize memory and compute fabrics with its Photonic Fabric™ optical interconnect technology platform.
03/27/24, 12:12 PM
Location
santa claraMoney raised
$175 million
Industry
machine learning
artificial intelligence
Investors
Tyche Partners, M Ventures, Engine Ventures, Porsche Automobil Holding Se, Smart Global Holdings, Samsung Catalyst, Iag Capital Partners, Xora Innovation, Temasek, Koch Disruptive Technologies, Amd Ventures, U.S. Innovative Technology Fund
Celestial AI closed a highly oversubscribed $175 million Series C funding round led by Thomas Tull’s U.S. Innovative Technology Fund (USIT). The investment will enable the company to execute multiple large-scale customer collaborations focused on commercializing its breakthrough Photonic Fabric technology platform.
Company Info
Location
2962 bunker hill ln, suite 200
santa clara, california, united states
Additional Info
Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform for compute and memory. The Photonic Fabric provides the foundational technology for optically scalable, disaggregated data center compute and memory to unleash advancements in AI with sustainable and profitable business models. Celestial AI’s Photonic Fabric delivers a transformative leap in AI system performance and energy efficiency.