Artificial intelligence startup Genspark.ai announced Wednesday that it secured $100 million in an extended investment round, giving the company a valuation of $2.6 billion.
The Palo Alto, California-based firm said the additional capital brings its total Series B funding to $485 million.
The investment is part of a broader trend in which venture capital continues to flow heavily into AI companies developing software designed to automate business tasks and boost workplace productivity.
The funding round was supported by a group of existing backers, including Sozo Ventures, Korea Mirae Asset, and UpHonest Capital.
Genspark operates as an AI workspace company, leveraging multiple artificial intelligence models to handle and automate business processes for both corporate clients and individual users.
