ASI Wins $99 Million US Army Command and Control Contract
Oct 08, 2026
Defense
ASI Raises $325 Million at $3 Billion Valuation
Oct 20, 2026
ASI raised $325 million in Series C funding at a $3 billion valuation to expand its AI software for transportation, energy, defense and logistics operations.
ASI raised $325 million in Series C funding at a $3 billion valuation, according to citybiz. Spark Capital led the round, with participation from affiliates of Citadel Securities, Meritech Capital, Craft Ventures, Energy Impact Partners and Andreessen Horowitz.
The Boston based company will use the capital to expand deployments across electric utilities, logistics networks and military environments. It also plans to grow its AI research and engineering teams in Boston.
ASI develops software that monitors, simulates and optimizes physical operations across transportation, energy and defense. Its recent contracts include an $875 million federal program to modernize the National Airspace System and a $99 million U.S. Army contract for command and control modernization.
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