# Celestia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/celestia

- Industry: IT Infrastructure
- Headquarters: Vaduz, Liechtenstein
- Website: www.celestia.org
- Total disclosed funding: $57M
- Latest round: Series B (Jan 15, 2025)
- Investors on record: 24

## About

Founded in 2020 ans based in Liechtenstein,Loop Labs AG, trading under the name Celestia formerly known as LazyLedger, operates as a data availability layer that allows developers to deploy decentralized blockchain by eliminating the need to bootstrap a new network. The service was co-founded by Mustafa Al-Bassam (CEO), Ismail Khoffi, and John Adler. In January 2025, Celestia raised USD 55 million in series B funding led by returning investor Bain Capital, with participation from other returning investors Delphi Ventures and Blockchain Capital.

The company develops and offers Celestia, a modular consensus and data availability layer developed for decentralized applications and blockchains. It is essentially a paradigm designed for blockchain architecture that separates consensus from the computation.

The firm intends to launch its feature namely Celestia Mainnet by 2022.

## Funding rounds

- Series B, Jan 15, 2025, $55M — Delphi Ventures, Bain Capital, Blockchain Capital
- Series B, Oct 19, 2022 — Bain Capital, Blockchain Capital, NFX, Polychain Capital, Placeholder, Galaxy Asset Management, Coinbase Ventures, Protocol Labs, Inc., Delphi Digital, Maven11 Capital, Jump Crypto, FTX Ventures, Figment Capital, Spartan Group
- Series B, Jun 1, 2022 — Maven11 Capital
- Seed, Feb 1, 2021, $1.5M — YZi Labs, Maven11 Capital, Signature Ventures, P2P Capital, Divergence Ventures, Dokia Capital, KR1, Interchain Foundation, Tokonomy, Cryptium Labs

## Investors

- YZi Labs (https://capitalatlas.ai/funds/yzi-labs) — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed, Series B
- Signature Ventures (https://capitalatlas.ai/funds/signature-ventures) — Seed
- P2P Capital — Seed
- Divergence Ventures (https://capitalatlas.ai/funds/divergence-ventures) — Seed
- Dokia Capital (https://capitalatlas.ai/funds/dokia-capital) — Seed
- KR1 — Seed
- Interchain Foundation — Seed
- Tokonomy (https://capitalatlas.ai/funds/tokonomy) — Seed
- Cryptium Labs — Seed
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series B
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Series B
- NFX (https://capitalatlas.ai/funds/nfx) — Series B
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series B
- Placeholder (https://capitalatlas.ai/funds/placeholder) — Series B
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series B
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series B
- Protocol Labs, Inc. — Series B
- Delphi Digital — Series B
- Jump Crypto — Series B
- FTX Ventures (https://capitalatlas.ai/funds/ftx-ventures) — Series B
- Figment Capital (https://capitalatlas.ai/funds/figment-capital) — Series B
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Series B
- Delphi Ventures (https://capitalatlas.ai/funds/delphi-ventures) — Series B