Big round · 20 October 2026

ASI raises $325M Series C led by Spark Capital
ASI, based in United States, has raised $325M in a Series C led by Spark Capital, announced on 20 October 2026. 6 other investors joined. It is the 166th largest equity round we recorded in the twelve months to that date, and the 34th largest Series C of 225. The median Series C over the same period was $100M, so this one is 3.3 times that.
Raised$325M5 sources reported it
StageSeries Cfirst round on record
Investors71 named as lead
Where USUnited States
AIAviationConstructionEnergy
How big is it?
Against every equity round we recorded in the twelve months to 20 October 2026. Ranks count companies, so the same raise reported twice is counted once.
#166equity round of the last twelve months
#34Series C of 225 in that time
#116round in United States, of 1,235
This round$325M
Median Series C$100M
3.3 times the median Series C of the last twelve months.
Who invested
Also in the round
Funding history
- October 2026Series C$325M
This is the first round we hold for the company.
Reported by
- ascendants.in20 October
- Ventureburn20 October
- Silicon Angle21 October
- TechStartups21 October
- Wowtale24 October
The round's figures come from these reports; each link opens the original.


