Celestial AI Raises $250M in Series C
Celestial AI has successfully raised $250M in a Series C at a $2.5B valuation led by Fidelity, Tiger Global, BlackRock.
Company Overview
Celestial AI is a AI/ML company headquartered in Santa Clara, CA, founded in 2020 with 200+ employees.
Photonic fabric for AI compute
Fundraising Details
- Amount Raised: $250M
- Round Type: Series C
- Valuation: $2.5B
- Date: 2025-03-11
- Investors: Fidelity, Tiger Global, BlackRock
About Celestial AI
Photonic fabric for AI compute The company is positioned in the AI/ML sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Santa Clara, CA
- Founded: 2020
- Team Size: 200+
- Industry: AI/ML
What This Means
This funding round demonstrates strong investor confidence in Celestial AI's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The AI/ML sector continues to attract significant investment as companies innovate to meet evolving market demands. Celestial AI's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2.5B valuation marks an important milestone for Celestial AI, positioning the company among notable players in the AI/ML industry.
Looking Ahead
With this new capital, Celestial AI is well-positioned to execute on its growth strategy and continue building innovative solutions in the AI/ML space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
---
This fundraising news was reported on 2025-03-11. For more information about Celestial AI, visit their headquarters at Santa Clara, CA.