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Series CASI

ASI Secures $325 Million In Series C Funding To Enhance AI Systems

ASI, a Boston-based frontier AI company focused on critical infrastructure and national security, raised $325 million in a Series C funding round at a $3 billion valuation, led by Spark Capital, with participation fro…

By TradedVC Editorial1 min read

ASI, a Boston-based frontier AI company focused on critical infrastructure and national security, raised $325 million in a Series C funding round at a $3 billion valuation, led by Spark Capital, with participation from affiliates of Citadel Securities, Meritech Capital, Craft Ventures, Energy Impact Partners and Andreessen Horowitz. Founded and led by CEO Phillip Buckendorf, ASI develops AI systems that simulate future scenarios and optimize operations across transportation, defense, energy and logistics. The company plans to use the funding to expand deployments across energy, logistics and tactical edge environments while growing its AI research and engineering teams.

FOUNDER: Phillip Buckendorf

INVESTORS: Spark Capital, Citadel Securities, Meritech Capital, Craft Ventures, Energy Impact Partners & Andreessen Horowitz (a16z)

ROUND: Series C AMOUNT: $325,000,000 VALUATION: $3,000,000,000

HQ: Boston, Massachusetts

#VentureCapital #ASI #PhillipBuckendorf #SparkCapital #TradedVC

ABOUT THE DEAL

Raise
$325M
Round
Series C
Company
ASI
Desk
Deals
Filed
Oct 20, 2026
Founders
  • Phillip Buckendorf
Investors
  • Spark Capital
  • Citadel Securities
  • Meritech Capital
  • Craft Ventures
  • Energy Impact Partners
  • Andreessen Horowitz (a16z)
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