Singapore’s Wiz.ai has closed a significant Series B round, raising tens of millions of dollars to scale its enterprise-focused conversational AI worldwide. The investment was led by SMBC Asia Rising Fund, the venture arm of Sumitomo Mitsui Banking Corporation, with new strategic participation from Beacon Venture Capital and SMIC SG Holdings, alongside renewed commitments from existing investors Singtel Innov8 and Granite Asia.
Founded by CEO Jianfeng Lu, the company has become a regional leader in applying large language models to complex Southeast Asian languages, delivering secure, scalable, culturally attuned AI for customer engagement. Wiz.ai has doubled its revenue from 2024 to 2025 and expanded its AI deployment across voicebots, enterprise automation, and AGI implementation services.
The new capital will strengthen the company’s AGI platform and support growth into new international markets, including Latin America, as Wiz.ai advances its mission to provide localized, human-centric AI solutions for telecom, healthcare, banking, and e-commerce enterprises.
Featured image: Credit: Wiz.ai
