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Celestial AI, a Provider of AI Accelerator Products, Has Raised $100 Million in Series B Funding, Led by Temasek’s Xora Innovation Fund

July 5 (Cointime) - CelestialAI, a provider of artificial intelligence accelerator products, announced the successful completion of a Series B funding round, raising $100 million for its PhotonicFabric technology platform. The investment was led by IAG Capital Partners, Koch Disruptive Technologies and Temasek’s Xora Innovation Fund. We expect headcount to increase approximately 30% to 130 by the end of 2023.

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