AI Company Whale Secures USD 60 Million to Boost Global AI Expansion

Key Highlights-

• Whale has secured USD 60 million in funding from global investors.
• Company is focusing on entering Southeast Asia, North America, and Europe.
• Whale will be focusing on automotive, retail, FMCG and F & B AI integrated services.

Singapore’s Artificial Intelligence (AI) company, Whale has successfully secured USD 60 million in two consecutive funding rounds. This secured fund will be utilized in the expansion of its global market reach and to increase the company’s innovative technology. The strategic investors of Whale include BOSCH Ventures, MTR Lab, Singtel Innov8, MDI Ventures, and Gentree Fund.

Through the acquired fund, now the company will be focusing on its global expansion into Southeast Asia, North America, and Europe. The company will be majorly focusing on AI integration in sectors such as automotive, retail, FMCG, and F&B.

The investing company will also be taking active participation building roots in mobility, smart cities, and industrial innovation. This collaboration has created the opportunity for the whale to enter into new territories. Founder and CEO of Whale, Jerry Ye said, “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.”

These investments also come amid the growing demand for AI-based companies. CEO of MDI Ventures, Donald Wihardja said, “We are seeing growing demand for solutions like whales 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.”

Whale is an AI-based startup company claiming to have more than 600 enterprise customers with more than 300,00 stores in 20+ countries. The company focuses on multiple AI domains from spatial analytics with SpaceSight, voice intelligence with Echo, generative content with Harbor, and task automation with Alivia. Whale serves as a blueprint for the startups leading the way for success.