Celestial AI completes $100 million in Series B financing led by IAG, Temasek and others

According to the "Kechuang Board Daily" report on June 29, the artificial intelligence accelerator company Celestial AI announced that it has completed a US$100 million Series B financing, led by IAG Capital Partners, Koch Disruptive Technologies and Temasek Xora Innovation Fund. The funding, which brings Celestial AI's total financing to more than $165 million, will be used to support production of Celestial's photonic platform by expanding the company's engineering, sales and technical marketing departments, said CEO Lazovsky.

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