Enterprise AGI Solutions Pioneer WIZ.AI Raises Series B Funding to Scale Globally
Leading provider of enterprise AGI solutions secures tens of millions to expand localized LLM applications across emerging markets
SINGAPORE, November 5. WIZ.AI, a Singapore-based pioneer in enterprise AGI solutions, announced today the successful closing of its Series B funding round. The company raised tens of millions of USD to scale its large language model (LLM) applications across Southeast Asia and beyond. Moreover, this investment will accelerate the deployment of enterprise AGI solutions in new emerging markets.
SMBC Asia Rising Fund led the round. This fund serves as the corporate venture capital arm of Japan’s Sumitomo Mitsui Banking Corporation (SMBC). Additionally, new strategic investors participated, including Beacon Venture Capital and SMIC SG Holdings. Existing investors Singtel Innov8 and Granite Asia also deepened their commitment.
Pioneering Localized Enterprise AGI Solutions
WIZ.AI was one of the first companies to deploy enterprise GenAI and LLM solutions in Southeast Asia. Consequently, the company set a new standard for intelligent customer engagement. The platform delivers unmatched accuracy and natural conversational quality in complex local languages and dialects.
Built for Enterprise-Scale Demands
The company designed its enterprise AGI solutions for large-scale enterprise demands. Furthermore, robust security and proven maturity form the foundation of these solutions. A key differentiator is the platform’s architecture, which provides clients with agility for rapid scaling.
Growth Trajectory and Market Vision for AGI Solutions
Since its inception in 2019, WIZ.AI demonstrated consistent growth. Revenue surged by over 100% in the 2024-2025 period. This success stems from the company’s ability to deliver tangible business outcomes through AI.
Strategic Vision for Enterprise AGI Expansion
“This funding powerfully endorses our ‘local-first’ strategy. Moreover, it validates our role as a pioneer in applying LLMs to solve real-world business challenges. It will empower us to enhance our platform’s capabilities further. Additionally, we will deliver even more secure and scalable enterprise AGI solutions. Furthermore, we are excited to deepen our market penetration and expand into new frontiers like Latin America.”
— Jianfeng Lu, Founder and CEO of WIZ.AI
Strategic Investor Perspectives on AGI Technology
SMBC Group’s AI Transformation Strategy
“SMBC Group positioned AI at the core of its business transformation strategy. We believe WIZ.AI’s human-like voicebot solution will serve as a critical enabler. It adapts to diverse local languages, regional nuances, and accents, accelerating our transformation across the APAC region.”
— Keiji Matsunaga, General Manager of the Digital Strategy Department at SMBC
Economic Impact of Enterprise AGI Solutions
“We believe this solution has the potential to transform the economy. By shifting repetitive tasks, WIZ.AI provides the workforce with flexibility to upskill into more creative roles. Crucially, the technology itself is inherently scalable. It is designed to onboard clients in new sectors and geographies. Therefore, Beacon VC sees this investment as a chance to accelerate a paradigm shift in employment and economic output.”
— Thanapong Na Ranong, Beacon VC’s Managing Partner
Proven Outcomes with Singtel Group
“WIZ.AI’s human-like voice AI solutions have been adopted across a range of use cases within the Singtel Group. They have demonstrated good outcomes. Consequently, we look forward to continuing our journey with WIZ.AI.”
— Sharan Makhija, Sr. Director of Investments at Singtel Innov8
Next Phase: Scaling Enterprise AGI Solutions Globally
The new funding will accelerate enhancements to WIZ.AI’s core AGI platform. Additionally, it will support strategic expansion into new emerging markets. This investment extends the company’s AI capabilities across a wider range of customer engagement scenarios.
WIZ.AI will further develop its AI Partner Solutions. These services provide end-to-end AGI implementation tailored for the Southeast Asian market. As a result, they ensure seamless technology integration and measurable business outcomes for enterprises across the region.
About the Companies
About WIZ.AI
WIZ.AI is a leading voice agent company specializing in AI-powered omnichannel customer engagement. Our mission is to build leading enterprise AGI solutions for emerging markets. We empower enterprises to operationalize AI safely, efficiently, and at scale. We help global businesses connect with customers more effectively through telephony, chat, messaging, and email.
About SMBC Asia Rising Fund
SMBC Asia Rising Fund serves as the corporate venture capital arm of SMBC. It invests in high-potential startups across the Asia-Pacific region. Through this initiative, SMBC Group enhances its business capabilities. It delivers innovative solutions to clients by leveraging emerging technologies and collaborating with portfolio companies.
About Beacon Venture Capital
Beacon Venture Capital was established in 2016 as the venture capital arm of Kasikornbank PLC. Beacon VC focuses on strategic investments in early to growth-stage technology startups. The fund covers financial technology, consumer internet, and enterprise technology. The current fund size is 255 million US dollars.
About SMIC SG Holdings
SMIC SG Holdings Pte. Ltd. is a 100% owned subsidiary of SM Investments Corporation. It serves as an investment holding company for potential minority stakes in foreign companies.