IAG Capital, Koch Disruptive Technologies and Xora Innovation led the $100m Series B funding round in Celestial AI.

IAG Capital, a venture capital company, Koch Disruptive Technologies, an investment firm, and Xora Innovation, an Investment company, led the $100m Series B funding round in Celestial AI, a company that created Photonic Fabric™ technology platform, with participation from Samsung Catalyst, Smart Global, Porsche Automobil, The Engine, imec.xpand, M Ventures and Tyche Partners. “Celestial AI has developed a transformational optical connectivity capability that will deliver step-change advancements in both performance and energy efficiency of high-performance computing, unlocking the potential of Generative AI and other complex workloads. We believe this could be a truly disruptive moment for advanced computing and we are excited to be a part of it,” Chase Koch, Koch Disruptive Technologies Founder and CEO.