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How Much Did ASIC Raise?
Funding & Key Investors

ASIC, a company with over two decades of experience in industrial automation and controls, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment, underscoring its position in the market. This latest financing round, amounting to $350K, is indicative of ASIC's ongoing growth and its role in supporting manufacturing facilities through expansion, modernization, and greenfield projects.

What is ASIC?

ASIC
Business ServicesSoftware TestingArchitecture, Engineering & Design

For over 20 years, ASIC has been instrumental in the success of industrial automation and controls projects for manufacturing facilities of all sizes. The company specializes in application assistance, control design and per-print assembly (UL 508A Certified), UL cable assembly, AC/DC drives, motion control products, field service and support, PLC, HMI, and servo programming, modernization, system integration, and training. ASIC's commitment to excellence ensures success for its clients and their projects, positioning it as a key partner in industrial modernization and efficiency.

How much funding has ASIC raised?

ASIC has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in ASIC

PPP

Public-Private Partnership

What's next for ASIC?

The substantial late-stage funding secured by ASIC, including the recent major strategic investment, signals a strong trajectory for continued expansion and technological advancement. This capital infusion is expected to fuel further development in industrial automation solutions, enabling ASIC to enhance its service offerings and broaden its market reach. The company is well-positioned to capitalize on the growing demand for sophisticated control systems and modernization projects within the manufacturing sector, reinforcing its role as a leader in driving operational efficiency and innovation.

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Frequently Asked Questions Regarding ASIC Financial Insights

What are the most recent funding rounds that ASIC has completed, and what were the funding rounds?
ASIC has recently completed 1 funding rounds: Debt on May 3, 2020. What is the total amount of funding ASIC has raised to date?
ASIC has raised a total of $350K in funding to date. How many funding rounds has ASIC completed?
ASIC has completed 1 funding rounds. How much funding did ASIC raise in its most recent funding round?
ASIC raised $350K in its most recent funding round. Who are the lead investors in ASIC's latest funding round?
The lead investor in ASIC's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in ASIC's history?
The largest funding round in ASIC's history was $350K.
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