Celestial AI

Santa Clara, CA Semiconductors & Hardware Acquired

Celestial AI develops Photonic Fabric, a hybrid photonic-electronic optical interconnect technology platform for disaggregated exascale compute and memory clusters. The platform delivers on-chip compute-to-compute and compute-to-memory links with >1.5 Tbit/s/mm2 package bandwidth, 25X greater than alternative technologies like co-packaged optics, enabling transformational performance advantages for AI and cloud data center architectures.

Acquired

Celestial AI has been acquired

Acquired by Marvell Technology February 2, 2026 $3.25B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2020

Total Funding

$594.6M

6 rounds

Latest Valuation

$2.5B

February 25, 2025

Funding

Total raised $594.6M across 6 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series C1

Date

February 25, 2025

Amount

$250M

Valuation

$2.5B

Lead Investors

Fidelity Management & Research Co.
DateRoundAmount RaisedValuationLead Investors
February 25, 2025 Series C1 $250M $2.5B Fidelity Management & Research Co.
March 2024 Series C $175M U.S. Innovative Technology Fund
April 2023 Series B $100M IAG Capital Partners, Koch Disruptive Technologies, Xora Innovation

Leadership

  • David Lazovsky

    Founder and CEO

    LinkedIn
  • Preet Virk

    Co-Founder and COO

  • Michelle Tomasko

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Broadcom

    Provides optical interconnect and networking solutions for data centers

  • Nvidia

    Develops AI accelerators and high-speed interconnect technologies (NVLink, InfiniBand)

  • Intel

    Produces semiconductors and optical interconnect technologies for data centers

  • Inphi

    Develops high-speed analog and mixed-signal semiconductor solutions (acquired by Marvell in 2021)

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