FundingMarch 1, 2024Verified

Celestial AI Raises $175M Series C (2024)

$175,000,000

Key Facts

Company
Celestial AI
Sector
AI Chips & Hardware
Country
United States
Round Type
Series C
Investors
Koch Disruptive Technologies, IAG Capital Partners

Funding Round Overview

Celestial AI announced a Series C round on March 1, 2024 totaling $175,000,000 led by Koch Disruptive Technologies. Photonic interconnect startup Celestial AI raised $175 million Series C. $175M Series C for AI chip interconnects.

Deal Highlights

  • Capital involved: $175,000,000.
  • Round: Series C.
  • Investors: Koch Disruptive Technologies, IAG Capital Partners.

Company and Sector Context

Celestial AI builds in the ai chips & hardware sector, one of the most active areas in AI investment today. Based in United States, the company is part of a global wave of startups scaling AI into production across regulated and enterprise environments.

How the Capital Helps

Disclosed details include $175M Series C for AI chip interconnects. In ai chips & hardware, speed to market and access to high-quality talent often determine category leadership.

Competitive Landscape

Funding activity in ai chips & hardware continues to intensify as incumbents and startups race to ship reliable AI systems. This round signals ongoing investor confidence in differentiated technology and defensible distribution.

Looking Ahead

This funding positions Celestial AI for continued growth in the ai chips & hardware landscape. As AI adoption accelerates across industries, deals like this signal where capital and strategic attention are moving next.

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