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Ex-Baidu Executive's Genspark Raises $385M at $11B Valuation with 20-Person Team

Ex-Baidu Executive's Genspark Raises $385M at $11B Valuation with 20-Person Team

June 15, 2026
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In AI entrepreneurship, a small elite team has once again demonstrated the true meaning of technological explosiveness in the market.

According to media reports, the AI project Genspark, co-founded by Jing Kun — a former vice president at Baidu — and technology expert Zhu Kaihua, announced the expansion of its Series B funding round in March 2026. The total raised reached $385 million, with a post-money valuation of around $1.6 billion (approximately 11 billion yuan). Strikingly, the team behind this billion-dollar valuation comprises only about 20 people.

Core Competencies: More Than Conversations — A Full-Time Agent That Gets Results

Unlike traditional chatbots, Genspark is designed as an all-in-one AI workspace. It doesn't just understand instructions — it can directly produce tangible work results across a range of tasks:

Multi-Functional Assistant: Generates professional-quality PPTs with a single click.

Real-World Interaction: Can make phone calls on behalf of users and independently handle real-world tasks like booking a restaurant.

Performance Leader: In the GAIA benchmark, its overall performance has surpassed many competitors such as Manus, and it has earned a spot on A16Z's list of the top 50 Gen AI Apps.

Global Reach: Nearly 15 Million Monthly Visitors in Japan

Currently, Genspark is gaining strong traction in overseas markets, particularly in Japan where it has experienced rapid growth. Data shows that in January 2026, its monthly visits in Japan exceeded 14.96 million. To date, over 1,000 organizations worldwide have integrated the platform into their B2B or B2C workflows.

Strong Pedigree: Baidu Veterans Cross Boundaries Once Again

The founding team's background is undoubtedly a major factor in attracting investment. Jing Kun previously served as vice president and general manager of the Smart Life Group (SLG) at Baidu, and was a key figure behind Xiaodu. Zhu Kaihua was the chief architect at Baidu. Their collaboration brings Baidu's AI DNA — from Baidu Online Network Technology (Beijing) Co., Ltd. — into the new Agent field.

Conclusion: A Small Team Driving a Big Shift

It is clear that the rise of Genspark

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