CScale exits stealth with $145 million in Series C funding to develop and commercialize optical interconnect for gigawatt-scale AI. Co-led by Atreides Management and Premji Invest, the round brings the company’s total funding to $188 million, with Sutter Hill Ventures, Maverick Capital, Nvidia, and Intel Capital participating. Founded in 2023 by CTO Sanjai Kohli, the Palo Alto company has 85 employees and is designing interconnects that contain optical failures without interrupting compute.
Celero Communications raises $275 million in a Series C round led by CapitalG, Atreides Management and Valor Equity Partners, valuing the data center chip startup at $3 billion. The company develops coherent digital signal processors optimized for AI workloads and says its validated two-nanometer design supports 1.6T and 3.2T interconnects. Celero will use the funding to accelerate product development and manufacturing.
Sep 2026 · SiliconAngleNews article
Sutter Hill Ventures
Operating Status: Operating
Sutter Hill Ventures LP: A global American private equity firm investing in biotech, software, and telecom sectors.