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Venture Capital News: Air Space Intelligence Nabs $34M Series B

2023-12-09
WASHINGTON, DC, Air Space Intelligence announces the completion of a $34 million Series B funding round.
Air Space Intelligence (ASI), a modern aerospace company addressing the software crisis across commercial and government sectors, announces the completion of a $34 million Series B funding round. This significant financial injection, achieved in less than three weeks, reflects strong support from new investor Andreessen Horowitz (a16z) and existing investors, including Bloomberg Beta, Renegade Partners, and Spark Capital. The allocated funds will strategically support the company's continuous growth, foster innovation, and solidify its presence in the government sector.

Air Space Intelligence (ASI) is a software-first aerospace company partnering with US and allied government agencies and major airlines. ASI's Flyways AI Platform equips the operator with the toolset to accurately predict and autonomously monitor the operational environment, enabling a perpetual and precise decision-making cycle yielding successful air operation outcomes in the world's most challenging and dynamic environments.
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