ASI Raises $325M Series C at $3B Valuation

ASI, a software company based in California that builds AI-driven infrastructure management platforms, has raised $325 million in a Series C funding round. The new investment values the company at $3 billion.

Investors

The funding round was led by Spark Capital. Additional participants in the round included Citadel Securities, Craft Ventures, Meritech Capital, Energy Impact Partners, and Andreessen Horowitz.

ASI Use of Funds

ASI intends to use the capital to expand its operations across the aviation, defense, and energy sectors, while also targeting new industries such as logistics. The company plans to grow its research and engineering teams to enhance the capabilities of its software platform.

About ASI

Founded by Phillip Buckendorf, ASI (formerly known as Air Space Intelligence) develops frontier AI models designed to simulate physical reality and orchestrate critical infrastructure operations in real time. The company provides command-and-control software used by federal agencies, airlines, and energy grid operators to improve efficiency, safety, and predictive forecasting.

Funding Details

Company Website: https://airspace-intelligence.com

Company: ASI
Raised: $325M
Round: Series C
Funding Date: October 20, 2026
Lead Investor: Spark Capital
Additional Investors: Citadel Securities, Craft Ventures, Meritech Capital, Energy Impact Partners, Andreessen Horowitz
Software Category: AI Infrastructure Management
Source: https://siliconangle.com/2026/10/20/ai-infrastructure-management-software-startup-asi-hits-3b-valuation-after-raising-325m-in-funding/