INDEX
ASIC breadcrumbs-arrow ASIC Financial Insights

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 total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its established position in the market and its ongoing role in supporting manufacturing facility modernization and expansion projects.

This latest financing round, characterized as a large-scale late-stage funding event, signals a period of substantial growth and strategic development for ASIC, building upon its history of delivering excellence in automation solutions.

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, encompassing expansion, modernization, retrofitting, and greenfield initiatives for manufacturing facilities of all sizes. The company's comprehensive service portfolio includes 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, as well as modernization and system integration. ASIC's commitment to excellence ensures successful project outcomes for its clientele, solidifying its reputation as a reliable partner in the manufacturing sector.

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 recent influx of $350K in a large-scale late-stage funding round positions ASIC for accelerated growth and strategic expansion. This capital injection is expected to fuel further innovation in its industrial automation and controls solutions, potentially enabling the company to enhance its service offerings, expand its market reach, and invest in advanced technologies. As ASIC continues to support manufacturing modernization and greenfield projects, this strategic investment will likely reinforce its competitive advantage and its capacity to deliver cutting-edge solutions to a diverse client base.

See full ASIC company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Maureen Data Systems
Business ServicesSoftware Testing
Hire Technologies
Business ServicesHuman Resources Management Systems (HRMS)
TAX MANAGEMENT SYSTEMS
Accounting for Legal PracticesBusiness Services
BILLPro Management Systems
Business ServicesHuman Resources Management Systems (HRMS)Accounting for Legal Practices

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.
See more information about ASIC

Test Drive ZoomInfo's Directories

Browse Directories

Most Searched Industries

Construction Law Firms & Legal Services Business Services Finance Manufacturing Agriculture Software Accounting & Accounting Services Retail Healthcare Energy, Utilities & Waste Treatment Telecommunications Transportation Real Estate
People SearchCompany Search