AI startup Genspark valued at $2.6 billion in latest funding round
Technology company Genspark.ai said on Wednesday it had raised $100 million in its extended funding round that valued it at $2.6 billion, underscoring strong investor appetite for AI companies developing workplace productivity tools.
The round was backed by existing investors including Sozo Ventures, Korea Mirae Asset and UpHonest Capital. The latest investment brings the Palo Alto, California-based company’s total Series B financing to $485 million.
The funding comes as investors continue to pour money into AI startups developing tools aimed at automating workplace tasks and improving productivity.
