Singapore Startup Wiz.ai Raises Tens of Millions in Series B to Expand Enterprise AI Solutions Globally
- ByStartupStory | November 5, 2025
Singapore Startup Wiz.ai Raises Tens of Millions in Series B to Expand Enterprise AI Solutions Globally
Wiz.ai, a Singapore-based AI startup specializing in conversational voice artificial intelligence (AI), announced the successful closing of its Series B funding round, securing tens of millions of dollars. The round was led by SMBC Asia Rising Fund, the corporate venture capital arm of Japan’s Sumitomo Mitsui Banking Corporation (SMBC), with participation from new strategic investors including Beacon Venture Capital from Thailand and SMIC SG Holdings. Existing backers such as Singtel Innov8 and Granite Asia deepened their commitments, reflecting strong market confidence.
Founded in 2019, Wiz.ai focuses on pioneering the enterprise application of large language models (LLMs) in Southeast Asia, delivering localized AI solutions that understand complex local languages and dialects. The platform powers intelligent customer engagement with remarkable accuracy and context-aware conversations, enabling businesses to deliver superior, culturally nuanced service experiences.
Wiz.ai’s solutions are designed for large-scale enterprise demands, emphasizing security, scalability, and agility, allowing rapid adaptation to dynamic business conditions. The company has demonstrated robust growth, doubling revenue in the 2024–2025 period and expanding its footprint through AI-driven customer engagement scenarios and end-to-end artificial general intelligence (AGI) implementation services tailored for the region.
CEO and Founder Jianfeng Lu highlighted the funding as a strong endorsement of Wiz.ai’s “local-first” strategy and technological leadership, enabling deeper market penetration and expansion into new frontiers such as Latin America. Investors see Wiz.ai’s voicebot technology as transformative, automating repetitive tasks and facilitating workforce upskilling.
This fresh capital will accelerate enhancements to the company’s core AGI platform and support the scaling of AI-powered customer engagement solutions across sectors including telecommunications, healthcare, banking, and e-commerce.
In summary, Wiz.ai’s new Series B funding led by SMBC Asia Rising Fund marks a pivotal step in the company’s roadmap to expand globally, delivering localized, scalable, and human-centric AI conversational solutions to enterprises across emerging markets and beyond.