AI Funding News

LG Unit, Japan’s SBI Join $200 Million Funding Round for US AI Startup Genspark

• ByStartupStory     |    November 11, 2025

Genspark, a fast-scaling US artificial intelligence startup specializing in enterprise AI agents, has closed a $200 million Series B funding round, catapulting the company to coveted “unicorn” status with a valuation exceeding $1 billion. This milestone round was led by LG Technology Ventures—an investment arm of South Korea’s LG Group—and SBI Investment, a major Japanese venture firm, in a global push to back next-generation AI innovation.

A Strategic Funding Partnership

The funding round saw participation from several heavyweight global investors, including ongoing discussions with Tencent Holdings and HongShan Capital (formerly Sequoia Capital China). Genspark, headquartered in Palo Alto, revealed that the new capital will drive product R&D, global expansion, and hiring across its offices in the US, Japan, and Singapore.

LG Technology Ventures and SBI Investment’s involvement reflects the mounting interest among Asian tech giants and investors in strategic AI partnerships with Silicon Valley startups. With offices established in Tokyo and Singapore, Genspark is extending its footprint in Asia to drive region-specific growth and innovation.

Rapid Growth and AI Innovation

Founded by tech veterans Eric Jing and Wen Sang, Genspark has raced to industry prominence by building a suite of AI-powered tools for knowledge workers and enterprises. Its products include an AI Browser, AI Photo Editor, and AI Meeting Notes platform—designed to help professionals automate routine tasks and boost daily productivity. Most recently, Genspark revealed its “Super Agent” product: an advanced AI system that can execute complex multi-step office tasks using a single prompt.

Within just five months of product launch, Genspark announced $50 million in annualized recurring revenue—a testament to the escalating demand for workplace automation. The company is now gearing up to launch an enterprise suite tailor-made for business clients, focusing on seamless workflow automation and collaborative AI solutions.

Market Position and Future Prospects

The new funding will be used to enhance Genspark’s core technology, accelerate enterprise adoption, and expand its AI agent offerings globally. Its capabilities have garnered recognition from major AI industry leaders; OpenAI, for example, welcomed Genspark into its “trillion token club,” recognizing the company as one of its top API consumers worldwide.

Genspark’s co-founders bring deep AI and tech credentials: Eric Jing previously led Baidu’s web search and voice assistant units, while Wen Sang (MIT PhD) successfully built and exited the startup Smarking. Their leadership and vision for AI-driven productivity have found enthusiastic backing in the venture ecosystem.

The Future of Work, Empowered by AI

As artificial intelligence revolutionizes how businesses manage information and operations, Genspark’s success story highlights the surging global appetite for data-driven digital tools. International funding from LG and SBI not only builds Genspark’s cross-border capability, but sets a new precedent in US-Asia AI collaboration.

The AI startup aims to channel its resources into empowering global enterprises and professionals with smarter, automated, conversational agent technology, positioning itself at the forefront of workplace transformation.

With swift revenue traction, high-profile Asian investors, and an expanding suite of AI productivity agents, Genspark’s $200 million Series B signals a new chapter in the global competitive race for artificial intelligence supremacy. The company’s growth trajectory and strategic partnerships position it as a formidable force set to shape the future of enterprise AI.

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