Aerospace AI startup Air Space Intelligence valued at about $300 million in new financing
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An artificial intelligence startup targeting air travel has raised $34 million in a funding round led by Andreessen Horowitz to more aggressively pursue deals with the Department of Defense.Air Space Intelligence Inc. has long sold its tools — which have been described as Waze for air travel — to commercial carriers including Alaska Airlines. The startup's marquee product, called Flyways, can help flight dispatchers pick routes for planes, taking into account factors like flight traffic, weather and airport conditions. The new financing brings Air Space's valuation to roughly $300 million, according to people familiar with the situation who asked not to be identified because the details are private. The startup declined to comment on its valuation. This fall, Air Space won two co...