Celestia (TIA) raised $1.5 million in seed funding, selling 159,000,000 tokens at a price of only $0.0094 per token, as reported by Mustafa Al-Bassam, co-founder of Celestia, on social media. Mustafa Al-Bassam also mentioned that in 2019, Celestia was rejected by investors multiple times and it took months for the team to convince their first investor, George Lambeth, who was a college student at the time.

According to Rootdadata and personal profiles, George Lambeth is the co-founder of Divergence Ventures and a member of the dao5 team. In addition to Celestia, George has also participated in seed funding for Arbitrum and Avalanche.