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Celestial AI has filed a notice of an exempt offering of securities to raise $95,849,987.00 in New Equity Investment.

Celestial AI has filed a notice of an exempt offering of securities to raise $95,849,987.00 in New Equity Investment.

April 25, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Celestial AI is raising $95,849,987.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, David Lazovsky played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Celestial AI
Creating the most impactful AI computing solutions for the benefit of humanity. Combining the strengths of photonics, mixed signal ASICs and advanced packaging to enable a disruptive and sustainable improvement in AI compute performance. Our pragmatic approach to innovation uses mature technology to deliver AI acceleration hardware and software solutions. Our systems leverage high volume, production-proven advanced silicon photonics, and electro-optical system-on-chip packaging technologies enabled by high-speed data communications. We have assembled a world class team that consists of domain industry experts in fields of AI, photonics, mixed signal ASIC design, advanced packaging, software, to serve AI software developers and system deployers. We are fully committed to delivering superior out of the box capabilities when implementing our AI processing solutions.

To learn more about Celestial AI, visit http://www.celestial.ai/

Contact:
David Lazovsky, President and Chief Executive Officer
408-832-4849
https://www.linkedin.com/in/david-lazovsky-734058a/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
7400, California, Celestial AI, San Jose, Santa Clara, Venture Capital

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