Whale raises $60 million to drive global AI expansion across key industries

The funding round saw participation from major strategic investors including BOSCH Ventures, MTR Lab, Singtel Innov8, MDI Ventures, and Gentree Fund.

WT default author logo
Women's Tabloid News Desk

Singapore-based artificial intelligence company Whale has raised USD 60 million through two consecutive funding rounds, drawing support from a group of high-profile global investors. The fresh capital will power Whale’s entry into international markets, particularly Southeast Asia, North America, and Europe.

The funding round saw participation from major strategic investors including BOSCH Ventures, MTR Lab, Singtel Innov8, MDI Ventures, and Gentree Fund. Whale intends to channel this investment toward accelerating its technological development and scaling its AI offerings globally.

With a strong focus on sectors such as automotive, retail, FMCG, and food & beverage, Whale is positioning itself as a key player in AI-integrated services. The company also plans to deepen its involvement in areas such as mobility, smart cities, and industrial innovation through its expanding global partnerships.

Founder and CEO Jerry Ye commented, “This round marks an exciting step toward our long-term vision of building intelligent infrastructure for the world’s most forward-thinking enterprises. We’re focused on pushing the boundaries of enterprise AI, combining deep tech with real-world operational impact.”

Highlighting the market demand for AI solutions, Donald Wihardja, CEO of MDI Ventures, said, “We are seeing growing demand for solutions like Whale’s to solve urgent business pain points in emerging markets across Southeast Asia. We look forward to supporting Whale and helping Indonesian companies fully utilize AI, especially through Telkom’s ecosystem.”

Currently, Whale serves over 600 enterprise clients across 20+ countries, operating in more than 300,000 stores. Its technology spans a range of AI domains, including spatial analytics with SpaceSight, voice intelligence with Echo, generative content via Harbor, and task automation powered by Alivia.

This milestone places Whale among the rising AI companies poised to influence enterprise operations on a global scale.

Share:

Related Insights

Cleo Labs secures €1.5 million to automate global product compliance

UNICEF and Sweden launch investment platform for African and Asian femtech startups

Visa launches third round of She’s Next in Egypt to support women entrepreneurs

Ulta Beauty and Google launch Gemini powered shopping tools

Startup Lady Association named official ambassador for SusHi Tech Tokyo 2026

DFKI signs major artificial intelligence agreements with Brazilian partners at Hannover Messe

GE HealthCare expands partnership to bring AI breast cancer screening to global markets

Transforming the tech landscape in Bahrain: General Assembly and DOO sign MoU to solidify strategic partnership