Celestial AI Raises $250M Funding

Celestial AI, a Santa Clara, CA-based provider of the Photonic Fabric optical interconnect technology platform, raised $250M in Series C1 funding.

The round was led by Fidelity Management and Research Company, bringing the total capital raised to date to more than $515M. Other investor included Research Company, funds and accounts managed by BlackRock, Maverick Silicon, Tiger Global Management and Lip-Bu Tan, as well as participation from existing investors including AMD Ventures, Koch Disruptive Technologies (KDT), Temasek, Temasek’s wholly-owned subsidiary Xora Innovation, Porsche Automobil Holding SE and The Engine Ventures.

The company intends to use the funds to expand and qualify its volume manufacturing supply-chain to serve customer demand.

Led by CEO David Lazovsky, Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform that allows AI compute to be networked seamlessly, from within processor packages to servers across multiple racks.

Celestial AI’s Photonic Fabric technology is fully compatible with industry standard manufacturing and 2.5D packaging processes.