Celesta

McMaster University and Celesta Capital Launch Partnership to Nurture Development of Canadian Deep Tech Startups

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화요일, 3월 5, 2024

SAN FRANCISCO, March 5, 2024 /PRNewswire/ -- McMaster University and Celesta Capital today announced a new collaborative partnership to spur the development of an emerging and sustainable ecosystem of Canadian deep tech entrepreneurs.

Key Points: 
  • SAN FRANCISCO, March 5, 2024 /PRNewswire/ -- McMaster University and Celesta Capital today announced a new collaborative partnership to spur the development of an emerging and sustainable ecosystem of Canadian deep tech entrepreneurs.
  • The partnership was announced at their inaugural joint event – Partnering to Accelerate Deep Tech Commercialization in Canada – held at McMaster Innovation Park.
  • The partnership will advance the commercialization of deep tech – cutting-edge technologies built upon advanced science and engineering innovations – at McMaster and within the broader Canadian research and startup ecosystem.
  • As one of Canada's most research-intensive universities, the long-term partnership will allow McMaster to tap into Celesta's expertise as a leading deep tech venture capital investor and business builder.

Nokia and Celesta Capital Announce Major Strategic Partnership for Acceleration of Deep Technologies

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월요일, 12월 11, 2023

SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- Nokia and Celesta Capital today announced a long-term strategic partnership to accelerate the commercialization of deep technologies invented by Nokia Bell Labs, including advanced communications, AI and deep learning, next-generation semiconductor fabrication, sensors, and quantum computing. Celesta Capital will help cultivate and invest in key technologies incubated and developed within Nokia Bell Labs, to form commercially viable, independent venture-backed companies. The new partnership unites Nokia Bell Labs' robust IP portfolio and research prowess with Celesta Capital's unique expertise as a global deep tech investor and business builder.   

Key Points: 
  • SAN FRANCISCO, Dec. 11, 2023 /PRNewswire/ -- Nokia and Celesta Capital today announced a long-term strategic partnership to accelerate the commercialization of deep technologies invented by Nokia Bell Labs, including advanced communications, AI and deep learning, next-generation semiconductor fabrication, sensors, and quantum computing.
  • Celesta Capital will help cultivate and invest in key technologies incubated and developed within Nokia Bell Labs, to form commercially viable, independent venture-backed companies.
  • The new partnership unites Nokia Bell Labs' robust IP portfolio and research prowess with Celesta Capital's unique expertise as a global deep tech investor and business builder.
  • The core focus of the partnership will work to incorporate technology developed by Nokia Bell Labs into newly created companies.

Global Investor and Operating Executive Anita Rehman Joins Deep Tech Venture Firm Celesta Capital as Partner

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목요일, 9월 14, 2023

BANGALORE, India, Sept. 14, 2023 /PRNewswire/ -- Celesta Capital, a leading global multi-stage venture capital firm, today announced the hiring of Anita Rehman as Partner. Rehman – most recently a Partner at GSV (Global Silicon Valley), a global investment platform focused on the Education and Workforce sectors – brings over twenty years of experience working with startups, technology leaders, and investors in the U.S. - India corridor.

Key Points: 
  • BANGALORE, India, Sept. 14, 2023 /PRNewswire/ -- Celesta Capital , a leading global multi-stage venture capital firm, today announced the hiring of Anita Rehman as Partner.
  • Earlier in her career, Rehman was an investor at Vantage Point Capital Partners, a CleanTech Venture Capital Fund, where she invested in early- to growth-stage technology companies.
  • As the Government of India has recently publicized deep tech policy and partnership announcements, Celesta aims to strategically align with the country's burgeoning deep tech ecosystem.
  • "We're delighted to welcome Anita Rehman to our team at Celesta," said Arun Kumar, Managing Partner at Celesta Capital.

Exostellar's Stellar Growth: $15M Series A funding

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수요일, 9월 13, 2023

SANTA CLARA, Calif., Sept. 13, 2023 /PRNewswire/ -- Exostellar, the innovative cloud resource optimization and management platform, is excited to announce the closing of its oversubscribed $15 million Series A financing, led by Celesta and Cambium Capital, with participation from Candou Ventures and AI Capital Partners (Alpha Intelligence Capital's U.S.-based fund). Backed by this investment, Exostellar is poised to propel its pioneering technology into the AI-GPU domain. The strategy involves amplifying its X-Compute platform and extending its CPU live migration IP to encompass GPU compatibility. This innovative Cloud Native GPU live migration initiative will propel Exostellar to the forefront, well-equipped to cater to the escalating requirement for GPU-centric AI workloads.

Key Points: 
  • The strategy involves amplifying its X-Compute platform and extending its CPU live migration IP to encompass GPU compatibility.
  • This innovative Cloud Native GPU live migration initiative will propel Exostellar to the forefront, well-equipped to cater to the escalating requirement for GPU-centric AI workloads.
  • With the close of this oversubscribed round, Exostellar is also announcing that Tony Shakib is assuming the role of President and CEO.
  • "The oversubscription of the Series A funding is a testament to the team's dedication and the disruptive potential of their platform.

Auradine Raises $81 Million in Series A Financing for Next-Generation Web Infrastructure

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화요일, 5월 16, 2023

SILICON VALLEY, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Auradine, a pioneer in web infrastructure solutions including blockchain, security and privacy, today announced that it has raised $81 million in its initial round of funding.

Key Points: 
  • The Series A funding was led by Celesta Capital and Mayfield, with Sriram Viswanathan of Celesta and Navin Chaddha of Mayfield joining the Auradine board.
  • New technologies including Blockchain, AI and privacy are poised to make a multi-trillion-dollar impact on the global economy.
  • Auradine is developing disruptive infrastructure solutions leveraging cutting-edge technologies such as energy-efficient silicon, zero-knowledge proofs and AI to deliver an unmatched value proposition for decentralized applications.
  • "The Auradine team of bold entrepreneurs are building a web infrastructure platform that will enable a new era of decentralized and distributed applications," said Navin Chaddha, Managing Director, Mayfield.

TechSurge Global Deep Tech Summit Announces All-Star Roster of Speakers from Tech, Venture, and Government

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수요일, 1월 18, 2023

SAN FRANCISCO, Jan. 18, 2023 /PRNewswire/ -- TechSurge, Silicon Valley's Global Deep Tech Summit, announced today that it will host its annual event on February 13, 2023, at the Computer History Museum in Mountain View, California. TechSurge gathers some of the most prominent and creative minds within global Deep Tech business, investment, and academic research for a series of inspirational fireside chats and forward-looking panel discussions.

Key Points: 
  • TechSurge gathers some of the most prominent and creative minds within global Deep Tech business, investment, and academic research for a series of inspirational fireside chats and forward-looking panel discussions.
  • TechSurge is hosted by Celesta Capital, a Deep Tech venture capital firm led by founding partners Nicholas Brathwaite, Michael Marks, Lip-Bu Tan, and Sriram Viswanathan.
  • The summit brings together leaders and executives for a day-long program of keynote talks and panels examining opportunities and challenges in the development, commercialization, and acceleration of global Deep Tech.
  • Deep Tech is a cross-cutting sector characterized by technology innovations built upon significant scientific discovery or engineering advancement.

SambaNova’s Dataflow-as-a-Service™ Recognized as the Best Big Data Deep Learning/AI Solution by the 2022 Tech Ascension Awards

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화요일, 12월 20, 2022

SambaNova Systems , the company delivering the industry’s only comprehensive software, hardware, and solutions platform to run Artificial Intelligence (AI), deep learning, and foundation models, today announced its Dataflow-as-a-Service™ product has been recognized as the “Best Big Data Deep Learning/AI Solution” by the 2022 Tech Ascension Awards .

Key Points: 
  • SambaNova Systems , the company delivering the industry’s only comprehensive software, hardware, and solutions platform to run Artificial Intelligence (AI), deep learning, and foundation models, today announced its Dataflow-as-a-Service™ product has been recognized as the “Best Big Data Deep Learning/AI Solution” by the 2022 Tech Ascension Awards .
  • We are honored to be recognized as the best solution for this need.”
    The Tech Ascension Awards recognize the very best innovations in technology.
  • “Data is the new oil, and organizations are constantly seeking new innovative solutions to help them better harness, analyze, and understand their data,” said David Campbell, CEO, Tech Ascension Awards.
  • The Tech Ascension Awards elevate companies that possess cutting-edge, innovative technology that solve critical challenges in their respective markets.

SambaNova Accelerates Seismic Analysis, Enabling Faster Resource Discovery for Oil and Gas Companies

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월요일, 11월 14, 2022

This is a pivotal time for the oil and gas sector, as operators look to improve efficiency and maximize value, stated Rodrigo Liang, CEO and co-founder, SambaNova Systems.

Key Points: 
  • This is a pivotal time for the oil and gas sector, as operators look to improve efficiency and maximize value, stated Rodrigo Liang, CEO and co-founder, SambaNova Systems.
  • Leading oil and gas organizations are leveraging computer vision models to make more accurate predictions in less time, resulting in potentially billions of dollars from the discovery of additional resource deposits.
  • Benefits of SambaNova for Oil and Gas:
    More Accurate Discovery Predictions: Deep learning computer vision models can accelerate time to analysis by 10-15%.
  • This improved speed enables oil and gas companies to analyze and make more predictions, generating more value and opportunity.

SambaNova Delivers Next-Generation DataScale System to Argonne National Laboratory

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월요일, 11월 14, 2022

SambaNova Systems is delivering its SambaNovas DataScale system to the U.S. Department of Energys Argonne National Laboratory to provide a new resource for accelerating AI for science workloads, including large-scale imaging data and large language models.

Key Points: 
  • SambaNova Systems is delivering its SambaNovas DataScale system to the U.S. Department of Energys Argonne National Laboratory to provide a new resource for accelerating AI for science workloads, including large-scale imaging data and large language models.
  • View the full release here: https://www.businesswire.com/news/home/20221114005422/en/
    SambaNova Delivers Next-Generation DataScale Systems to Argonne National Laboratory (Photo: Business Wire)
    DataScale is a fully integrated hardware-software system that enables organizations to reimagine their approach to AI.
  • The multi-year deal being announced today is an expansion of our current partnership with Argonne National Laboratory, said Marshall Choy, SVP of Product at SambaNova Systems.
  • Researchers interested in using the AI Testbeds SambaNova DataScale system can submit project proposals via the ALCFs Directors Discretionary program.

Calumino Announces Series A Funding Round to Scale First-of-its-Kind Intelligent Thermal Sensing Platform

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화요일, 9월 20, 2022

SYDNEY, Sept. 20, 2022 /PRNewswire/ -- Calumino, the developer and manufacturer of a proprietary next-generation thermal sensor technology and AI, today announced its $10.3M USD Series A funding. The funding round is led by Celesta Capital and Taronga Ventures, with additional participation from Egis Technology and others. Calumino's innovation offers the first-ever intelligent sensing platform, which is an aggregator of new and valuable data points on human presence, activity, hazards, and the environment.

Key Points: 
  • The funding round is led by Celesta Capital and Taronga Ventures, with additional participation from Egis Technology and others.
  • Calumino's innovation offers the first-ever intelligent sensing platform, which is an aggregator of new and valuable data points on human presence, activity, hazards, and the environment.
  • As the world's first thermal sensor to combine AI with high performance image sensing, privacy protection, and affordability, Calumino's platform enables new benefits for a broad range of applications.
  • Sensing temperaturesrather than light, the Calumino thermal sensor maps environments, assets, and individuals and has the ability to detecthuman presence, activity, and posture.