ASI Hits $3 Billion Valuation in $325 Million Round Led by Spark

Startup ASI has raised a $325 million funding round, bringing its valuation to $3 billion, according to the report. The company’s Series C round was led by Spark Capital, with participation from Craft Ventures. The new capital will help ASI expand an artificial intelligence system designed to help the military, airlines, and air-traffic controllers manage assets. While the article doesn’t detail the product’s technical approach, it frames the funding as a scale-up for its AI-driven asset-management capabilities across multiple operational environments.