GreenCore Solutions forms Asia-Pacific JV for AI agents

2 min read     Updated on 16 Jun 2026, 10:53 PM
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AI Summary

GreenCore Solutions Corp. signed an LOI to create GSC Agentic Pty. Ltd., a joint venture targeting BPC and CPG sectors in Australia and Asia. The JV leverages GreenCore's AI Agent Fleet, which processes 9.11 million global requests monthly, with Asia-Pacific accounting for 14.4% of flow. The partnership holds exclusive regional sales rights.

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GreenCore Solutions Corp. has signed a Letter of Intent (LOI) to form a regional joint venture, GSC Agentic Pty. Ltd., to expand its AI Agent Fleet into the Asia-Pacific market. The partnership targets Hygiene, Beauty and Personal Care (BPC) and consumer packaged goods (CPG) manufacturers across Australia and Asia. This move aims to capitalize on the region's position as the world's largest beauty and personal care market, valued at USD $159.33 billion in 2026.

Under the LOI, GreenCore Solutions Corp. will contribute its AI Agent Fleet, operating stack, and operational know-how, while the regional partner will manage in-territory formation, sales, onboarding, and support. The JV secures exclusive sales rights for BPC and CPG customers in the region. The structure is designed to route regional demand to GreenCore's live agent stack, avoiding the need to build infrastructure from zero.

Operational Metrics and Growth

GreenCore's AI Agent Stack is experiencing significant growth in the Asia-Pacific region. The company reported that its stack averages 304,000 agent requests daily, totaling 9.11 million requests over the latest 30-day rolling window. Asia-Pacific contributed 1.3 million requests, representing 14.4% of global flow and a 31% increase over the prior period reported in early June.

Metric Value
Daily Agent Requests (Global) 304,000
30-Day Rolling Window (Global) 9.11 million
Asia-Pacific Requests (30-Day) 1.3 million
Asia-Pacific Share of Global Flow 14.4%
Asia-Pacific Growth 31%

Strategic Outlook and Market Position

Matthew Keddy, CEO of GreenCore Solutions Corp., highlighted the intensity of regional activity, noting inbound traffic of roughly 43,000 requests per day in Asia-Pacific. "The JV puts a regional partner on the sales side and our live AI Agent Fleet on the supply side," said Keddy. "Buyers show up agenticly; we put the makers on the other side of it, with a human in the loop (HITL) on every PO."

Brendan Farrugia, General Partner at Unify Ventures Pty Ltd, emphasized the efficiency of the model. "Providing AI Sales Agents as a service to manufacturers outside their IT system enables them to concentrate on their business," Farrugia stated. He noted that the performance-based payment system for sourcing sales opportunities is gaining traction.

GreenCore's market standing has also improved in third-party data. The company's CB Rank on Crunchbase rose to 137,116, up from 161,826 earlier in June, placing it in the top 3.2% of tracked companies. Its Growth Score reached 92, a 35-point increase in the past quarter, while its Heat Score hit 92, gaining 73 points.

What are the specific financial terms or revenue-sharing models outlined in the Letter of Intent?

How will GreenCore mitigate potential cultural or regulatory challenges when deploying AI agents across diverse Asia-Pacific markets?

What is the projected timeline for the joint venture to transition from the LOI stage to full operational status?

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