How Much Did ASIC Raise?
Funding & Key Investors

ASIC has solidified its position within the industrial automation sector, securing a total capital infusion of $350K. This trajectory was further bolstered by a recent funding event totaling $350K, which serves as a major strategic investment for the firm. By maintaining a consistent focus on modernization and retrofit projects, the company has demonstrated significant resilience and operational longevity in a competitive manufacturing landscape.

What is ASIC?

ASIC
Business ServicesSoftware TestingArchitecture, Engineering & Design

For over two decades, ASIC has functioned as a critical partner in the deployment of industrial automation and control systems. The firm specializes in a comprehensive suite of services, including UL 508A certified control design, per-print assembly, and advanced motion control solutions. Their technical expertise spans PLC, HMI, and servo programming, enabling them to support both greenfield installations and complex modernization efforts for manufacturing facilities of varying scales. By prioritizing excellence in system integration and field support, ASIC ensures that its clients achieve operational efficiency and technological parity in an increasingly automated global market.

The company's market position is defined by its ability to bridge the gap between legacy infrastructure and modern digital control requirements. Through its commitment to rigorous standards and specialized engineering, ASIC remains a cornerstone for industrial entities seeking to optimize their production environments through reliable, high-performance control architectures.

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?

With the recent influx of capital, ASIC is well-positioned to accelerate its strategic initiatives in the industrial automation space. The firm is expected to leverage this financing to scale its system integration capabilities and expand its footprint in the modernization of aging manufacturing assets. As the industry shifts toward more sophisticated, data-driven control environments, ASIC's focus on PLC and HMI programming will likely serve as a primary growth engine. The company's ability to provide end-to-end support, from initial design to field service, provides a robust foundation for sustained market leadership and long-term value creation for its industrial clientele.

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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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