Genieworks Co Ltd announced that it has received KRW 9,000,000,000 in its series B round of funding on June 7, 2022. The transaction included participation from new investors LG Uplus Corp. for KRW 3,000,000,000 as as a strategic investor, Korea Investment Partners Co.

Ltd. for KRW 3,000,000,000 and T.S. Investment Corporation for KRW 3,000,000,000 as a financial investor. The company issued convertible redeemable preferred stock. The company has raised KRW 11,000,000,000 million in funding till date.