Every day, Global University Venturing rounds up investments from across the university innovation ecosystem in its deal net.
Celestial AI, a US-based developer of a software and hardware platform for machine learning chipsets, collected $56m in a series A round on Friday from investors including The Engine, the venture firm formed by Massachusetts Institute of Technology, and Imec.xpand, the venture fund of research institute Imec. The round was led by Koch Disruptive Technologies, an investment subsidiary of chemicals and energy conglomerate Koch Industries, and also attracted Fitz Gate Ventures, a venture capital firm focused on Princeton University; M-Ventures,…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.