CELESTIA, a blockchain technology company, was rejected multiple times by investors in 2019 before finally securing its first investment from college student GEORGE LAMBETH. In its seed funding round, CELESTIA raised $1.5 million by selling 159,000,000 tokens at a price of only $0.0094 per token. GEORGE LAMBETH is a co-founder of DIVERGENCE VENTURES, currently a member of the DAO5 team, and has also participated in seed funding rounds for ARBITRUM and AVALANCHE.

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<p>According to a report from TechFlow, Celestia's co-founder Mustafa Al-Bassam revealed on X that Celestia faced multiple rejections from investors in 2019. It took the team several months to convince their first investor, George Lambeth, who was still a college student at the time.</p>
<p>In its seed funding round, Celestia (TIA) raised $1.5 million by selling 159,000,000 tokens at a price of only $0.0094 per token.</p>
<p>George Lambeth, a co-founder of Divergence Ventures and a current member of the dao5 team, is known for his participation in the seed funding rounds of Arbitrum and Avalanche.</p>
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CELESTIA successfully obtained support from its first investor, for university student GEORGE LAMBETH.