COMPANY INFO
The actual company name is Celestial AI, founded in 2020. The founders are David Lazovsky (Co-Founder & CEO) and Preet Virk (Co-Founder & COO). The company has approximately 121 employees and is headquartered in Santa Clara, California. Its website is https://www.celestial.ai. Celestial AI operates in the semiconductor manufacturing and AI infrastructure industry. The company develops a photonic fabric technology platform that revolutionizes AI computing by using optical interconnects to enhance data center and AI system performance, enabling faster, more energy-efficient AI acceleration hardware and software solutions. Their technology combines photonics, mixed-signal ASICs, and packaging to deliver sustainable improvements in computing performance for deep learning and machine learning applications.
Celestial AI, founded in 2020 by David Lazovsky and Preet Virk, is a pioneering company in the semiconductor manufacturing and AI infrastructure sector. Headquartered in Santa Clara, California, with additional offices in Irvine, Toronto, Hyderabad, and Singapore, Celestial AI develops a breakthrough photonic fabric technology platform. The company's innovations leverage optical interconnects to dramatically improve the performance, efficiency, and scalability of AI computing hardware and software, particularly in deep learning and machine learning applications. With around 121 employees, Celestial AI combines advancements in photonics, mixed-signal ASICs, and advanced packaging to revolutionize data center operations and AI system acceleration.
Celestial AI has established a strong reputation among venture capitalists and institutional investors due to its focus on addressing bandwidth, memory, and energy challenges in next-generation AI infrastructure. To date, Celestial AI funding totals over $515 million raised across four funding rounds. Milestones include a $250 million Series C1 round in March 2025 and a $175 million Series C round in March 2024, reflecting a rapid acceleration in both commercialization and manufacturing capabilities. The company’s funding strategy is centered on expanding R&D, scaling operational capacity, and accelerating the market entry of its photonic fabric platform, drawing significant investment from top global firms and venture capital sources.
This Series C1 funding round was aimed at accelerating the commercialization of Celestial AI's Photonic Fabric technology and expanding volume manufacturing supply chain to meet growing customer demand in AI infrastructure markets.
The Series C round fueled technological advancements and expanded manufacturing logistics for Celestial AI, supporting the scaling of its photonic platform and strengthening operational capacity amid increased AI infrastructure demand.
Series B funding focused on propelling market expansion and scaling of Celestial AI’s core operations, enabling global reach and partnerships to drive wider AI adoption.
The Series A round supported early product development, initial commercial deployments, and foundational growth of the engineering and R&D teams.
Fidelity Investments led the Series C1 round, playing a crucial role in providing capital that supports Celestial AI’s aggressive push toward commercialization and large-scale manufacturing.
A prominent global asset manager, BlackRock’s investment highlights confidence in Celestial AI’s disruptive AI infrastructure technology and its potential long-term value in the semiconductor space.
Maverick Silicon provided growth capital that enabled further R&D and contributed to Celestial AI’s ability to innovate in the photonics domain.
Tiger Global Management’s participation signifies strong institutional belief in Celestial AI’s team and their strategy for capturing the rapidly expanding AI and semiconductor markets.
AMD, a global leader in high-performance computing and semiconductor solutions, brought strategic support and industry validation to Celestial AI during key fundraising rounds.
Acting as lead or co-lead investor in several rounds, Koch Disruptive Technologies played an instrumental role in supporting Celestial AI’s early commercialization and subsequent operational scaling.
Xora Innovation backed Celestial AI in its formative stage, contributing to both capital and strategic R&D partnerships that advanced the company’s initial technology roadmap.
Porsche SE’s investment underscored the cross-industry appeal and transformational potential of Celestial AI’s photonic computing technology in automotive and smart mobility.
As a deep-tech focused investor, Engine Ventures fueled the overall growth trajectory and enabled Celestial AI to pursue new scientific and engineering breakthroughs.
Temasek’s engagement provided strategic access to APAC markets and deepened Celestial AI’s international reach.
Renowned industry leader Lip-Bu Tan lent his expertise and capital, amplifying Celestial AI’s credibility within the venture capital and semiconductor communities.
This fund contributed capital and strategic guidance, facilitating key partnerships and broadening Celestial AI’s opportunities for government and industry collaborations.
IAG Capital Partners’ backing in the Series B round supplied crucial growth capital during a major operational inflection.
Samsung Catalyst Fund’s involvement reflects strategic interest in leveraging Celestial AI’s innovations to enhance memory, bandwidth, and energy efficiency solutions.
As an innovation investor, M Ventures provided early-stage support enabling foundational technology development.
Tyche Partners’ contribution further accelerated Celestial AI’s timeline to market and strengthened its funding base.
As a global technology company, SGH invested to foster cross-industry synergies with Celestial AI’s photonic fabric platform.
Fitz Gate Ventures supported early innovation and the company's transition from concept to product.
Princeton University’s investment demonstrates academic confidence in Celestial AI’s approach to fundamental breakthroughs in AI hardware.
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