Whale, a Singapore-based enterprise artificial intelligence firm, has raised more than USD 60 million across its Series C1 and C2 funding rounds. The Series C2 round, which closed this month, introduced a new group of investors: Bosch Ventures, MTR Lab, Singtel Innov8, MDI Ventures, and Gentree Fund. That follows the Series C1 round in early 2023, which included backing from existing investors Temasek and Linear Capital.
The funding will support Whale’s go-to-market expansion across Southeast Asia, North America, and Europe. It also plans to scale its engineering and AI research teams to enhance the performance, modularity, and integration of its enterprise product suite. The company says it will deepen its work in areas including spatial computing, voice intelligence, and generative AI.
Founded in 2017, Whale develops AI-native platforms that automate operations, support real-time decision-making, and transform unstructured data into actionable insights. Its technology stack combines artificial intelligence, internet-of-things systems, and scalable data infrastructure, serving clients across industries such as automotive, fashion, food and beverage, and consumer electronics.
Whale’s key products include SpaceSight, a video analytics platform that monitors in-store behavior and operational performance; Echo, a voice intelligence system that analyzes conversations and sentiment; Harbor, a content management tool for automating digital marketing; and Alivia, a suite of AI agents for search, compliance, and task orchestration.
The company reports it currently serves more than 600 enterprise customers across over 20 countries.
Investors in the latest round are said to bring strategic value beyond capital. Bosch Ventures and MTR Lab, co-leads of the Series C2 round, are working with Whale on sector-specific collaborations and new market opportunities. Their involvement aligns with shared priorities in smart mobility, connected infrastructure, and the digitalization of retail operations, areas that fall within the broader themes of smart cities and sustainable innovation.
We’re focused on pushing the boundaries of enterprise AI—combining deep tech with real-world operational impact,” said Jerry Ye, founder and CEO of Whale. Ye, a Caltech graduate and former data scientist at Meta, leads the company’s product and engineering strategy. CTO Shukun Xie, also formerly of Meta, oversees platform architecture and scalability.
Approximately 70% of Whale’s workforce is engaged in R&D, reflecting the company’s emphasis on technical development and enterprise-grade scalability.
Donald Wihardja, CEO of MDI Ventures, said the investment aligns with the growing demand for enterprise AI in Southeast Asia, noting that Whale’s tools can address business needs in areas such as automation, compliance, and performance monitoring.