Latham & Watkins Advises Celestial AI in US$100 Million Series B Funding

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Latham & Watkins Advises Celestial AI in US$100 Million Series B Funding

posted on Jun 30, 2023 11:48AM

Quite the Legal representative for Celestial AI

https://www.lw.com/en

https://legaldesire.com/latham-watkins-advises-celestial-ai-in-us100-million-series-b-funding/#

Celestial AI, an optical interconnect technology platform for memory and compute, has announced it has raised US$100 million in Series B funding led by IAG Capital Partners, Koch Disruptive Technologies, and Temasek’s Xora Innovation fund. Other major investors in the round include Samsung Catalyst, Smart Global Holdings, Porsche Automobil Holding SE, The Engine Fund, imec.xpand, M Ventures, and Tyche Partners.

Latham & Watkins LLP represents Celestial AI in the financing with a corporate team led by Bay Area partner Jim Morrone, with associates Omar Ammash, Erica Kucharski, and Emma Ingebritsen. Advice was also provided on data and tech transaction matters by Bay Area partner Tony Klein, with associate Fiona Gillian; on CFIUS matters by Washington, D.C. partner James Barker, with associate Asia Cadet.

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