Celero Completes $275 Million Financing, Valuation Exceeds $3 Billion
By: www.bloomberg.com|09/08/2026 14:23:00
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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.
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