About Celesta

Deep tech unlocks every major technology wave. That's why we've backed it since our first fund.

When Celesta launched in 2013, venture capital was racing towards the application layer. Software margins were high, cycle times were short, hardware was unfashionable. We moved the other direction, because we understood that every major technology wave – from PC to mobile to the cloud – is built atop physical infrastructure breakthroughs which must be developed and scaled first.
Circular Celesta ShapeCelesta team in black and whiteCelesta team
$1.1B+
Assets under management
110+
Investments
Where we invest

Foundational technologies rooted in science and engineering.

Celesta backs companies built on durable advantage: IP, technical data, manufacturing data, or complex systems integration. We look for technologies able to stand the test of defensibility, problem clarity, and market readiness.

Rather than shifting our thesis, the AI wave has only compounded our conviction. The foundational layer we have always backed is the one AI is built on and today it's driving larger and more sustained demand in our target areas than perhaps ever before.
Semiconductors
The building blocks redefining the limits of modern system performance.
Fundamental advancements in compute, connectivity, memory, and power to meet the performance and efficiency demands of the AI era.
Intelligent Hardware Systems
Hardware-driven systems bringing intelligence into the physical world.
Sensing, edge AI, robotics, and autonomy to improve precision and productivity across industrial, enterprise, and consumer applications.
Bio-convergence
Evolving biotech into an engineering discipline at the intersection of AI, hardware, and biology.
Compute, sensing, automation, and data science applied to improve scale and predictability in diagnostics, imaging, care delivery, and drug discovery.
Next-Generation Infrastructure Software
Software exposing the underlying capabilities of computing infrastructure.
The systems software layer making computing infrastructure operable, plus the new application infra layer bringing intelligence into real enterprise workflows.

More than capital. Operational mastery.

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Deep tech companies don't typically stumble at the breakthrough. It's in the years between proof and product, when technical decisions and market timing collide – where a wrong architectural choice in year two becomes an existential challenge in year four. That's where Celesta was built to partner.
Celesta Partners have built and ran global technology companies before they wrote a first check, including Flex, Intel, Cadence, Cisco, Micron, Apple, and GE Healthcare. That experience is how we show up for founders: first checks in technologies few funds can evaluate, engaged operator board seats, and hands-on support through the critical scale-up years.
Differentiated investing
First checks in hard technology.

Technical diligence led by former CTOs, operating executives, and PhD investors.

Conviction through cycles.

We do not follow the crowd into a company or out of one.

IP strategy from the first round.

We advise closely on IP strategy and defensibility from the first round.

Intellectual capital
Manufacturability and scale-up.

Support for teams on design for manufacturing, supply chain strategy, and the move from prototype to volume.

The mechanics of company building.

Licensing vs. independent commercializing, cap tables, non-dilutive funding, governance, and financing.

Commercialization and market access.

Hands-on help with commercial strategy and opportunities.

Strategic relationships
Corporate strategics.

Visibility into Fortune 500 technology roadmaps, go-to-market and IP licensing channels, and strategic capital in financing rounds.

Scale-up partners & advisors.

Alliances with global manufacturers and suppliers, trusted service providers, and portfolio enablement partners.

IP & Research commercialization.

Commercialization partnerships with leading global research universities, labs, and venture studios.  

Silicon Valley & U.S.
Headquarters
Globe view of North America with the United States highlightedGlobe view of North America with Canada highlightedGlobe view centred on India
A global firm.
Silicon Valley · Bangalore · Montréal

Built for a global category.

Deep tech is no longer only a Silicon Valley story. The engineers, supply chains, and capital incentives have globalized, and we believe the best deep tech funds need to be where the innovation is most compelling.

Celesta has invested as a global firm from inception, with a portfolio spanning Israel, Japan, India, and elsewhere. Today, our strategy focuses on three core markets.

Silicon Valley & U.S.
Headquarters

The foundation of Celesta.

We have built Celesta's global portfolio and partnerships from Silicon Valley for more than a decade. The strength of that track record and network now powers every company we back from day one.

India
Bangalore

Doubling down on India.

We made our first India investment in 2015. Today AI is speeding the country's shift from IT services to IP creation, deep tech, and manufacturing, backed by the world's second-largest pool of scientists and engineers and $12 billion in government deep tech investment. We are building on that early start: we led the formation of the $1 billion India Deep Tech Alliance, advise the India Semiconductor Mission, and pair cost-effective R&D in India with market access and capital from Silicon Valley.

Canada
Montréal

Turning Canadian research into global companies.

Canada has no shortage of world-class science and engineering, and its deep tech ecosystem is moving from research strength toward a more ambitious commercialization phase. We are expanding our presence to meet it, investing in the team and infrastructure on the ground. Paired with our deep tech investment experience and global company-building network, that local presence helps more Canadian founders build enduring, industry-defining businesses. We are adding to a Canadian portfolio that includes standout companies like Stathera, and to university partnerships that already include Université de Montréal, McMaster University, the University of Alberta, and others.

PORTFOLIO
Colorado
Boom Supersonic
PORTFOLIO
New York
Normal Computing
PORTFOLIO
California
Upscale AI
PORTFOLIO
Washington DC
Percipient.ai
PORTFOLIO
North Carolina
Biomason
PARTNERSHIP
New Jersey
Nokia Bell Labs
PORTFOLIO
Bangalore
5C Network
PORTFOLIO
Chennai
Agnikul
PORTFOLIO
Mumbai
IdeaForge
PARTNERSHIP
New Delhi
India Deep Tech Alliance
PORTFOLIO
Montréal, Quebec
Stathera
PARTNERSHIP
Hamilton, Ontario
McMaster University
PARTNERSHIP
Montréal, Quebec
Université de Montréa