Celero Completes $275 Million Financing, Valuation Exceeds $3 Billion

AI chip startup Celero Communications has completed a $275 million financing round, with a valuation exceeding $3 billion. This round was co-led by Atreides Management, Valor Equity Partners, and CapitalG, a subsidiary of Alphabet. Founded in 2024, Celero focuses on developing coherent digital signal processors (DSPs) for optical data transmission in AI systems, enhancing high-speed data transfer efficiency between data centers and among different server racks within a single data center, thereby facilitating the construction of larger AI chip clusters. Gavin Baker, managing partner and chief investment officer at Atreides, will join Celero's board of directors.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.