StoryFunding
Celestia Foundation raises $100M led by Bain Capital Crypto
On September 23, 2024, the Celestia Foundation announced $100M in funding led by Bain Capital Crypto, with Syncracy Capital, 1kx, Robot Ventures, and Placeholder, bringing its total raised to $155M. Core developers set a roadmap to scale Celestia to 1 GB blocks.
- Bain Capital Crypto led $100M round; joined by Syncracy Capital, 1kx, Robot Ventures, and Placeholder.
- Total raised to $155M; ~11 months after Celestia Mainnet Beta launch (October 2023).
- ~20 rollup chains deployed on Celestia; rollups account for over 50% of all data published.
- Roadmap targets 1 GB blocks; positions Celestia as modular consensus and data network.