SettledBusiness
ASI raises $325M at a $3B valuation for AI that controls physical assets
The Boston Globe reports ASI, formerly Air Space Intelligence, raised $325M at a $3B valuation in a round led by Spark Capital, with a16z, Craft, Citadel Securities, Meritech and Energy Impact Partners. The Globe cites a 12-year, $875M FAA contract and a $99M Army contract. Funds go to Boston research and engineering and new energy, logistics and military products.
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Primary source
The Boston Globebostonglobe.com/2026/10/20/business/asi-unicorn-ai-funding-transportation/Coverage · 8 articles, oldest first
Tuesday, October 20, 2026
Crypto Briefing
cryptobriefing.com/asi-raises-325m-ai-physical-assets/Boston Business Journal
bizjournals.com/boston/news/2026/10/20/asi-fundraise-spark.html?page=all
Wednesday, October 21, 2026
The SaaS News
thesaasnews.com/news/asi-raises-325m-series-c/