Whale, a Singapore-based artificial intelligence (AI) startup, has secured $60 million in funding to drive its expansion into global markets.

This funding includes two consecutive rounds, Series C1 and Series C2. The latest Series C2 round, concluded in May 2025, attracted strategic investors such as BOSCH Ventures, MTR Lab, Singtel Innov8, MDI Ventures, and Gentree Fund.

Whale’s earlier Series C1 round featured contributions from Temasek and Linear Capital.

Strategic Investment to Drive Industry Collaboration

Jerry Ye, Founder and CEO of Whale, emphasized that this investment is a crucial milestone in their mission to build smart AI infrastructure for visionary companies across the world.

He pointed out that the investors bring more than just financial support, offering valuable industry expertise in mobility, connectivity, infrastructure, and deep tech.

Whale’s collaborations with Bosch Ventures and MTR Lab, for example, are set to open new industry opportunities, particularly in the automotive, fashion, FMCG, and F&B sectors.

Whale will leverage these partnerships to accelerate its market expansion in Southeast Asia, North America, and global innovation hubs.

Whale’s AI-Driven Solutions for Business Transformation

Whale focuses on developing AI-powered enterprise solutions designed to automate business processes, speed up decision-making, and enhance customer behavior insights.

The company’s platform combines advanced AI, IoT technology, and robust data infrastructure to provide a secure, scalable foundation for business transformation.

Whale’s enterprise solutions aim to optimize operational efficiency and drive business innovation.

Expansion of AI Solutions in Indonesia and Beyond

In Indonesia, Whale has already formed collaborations with leading fashion groups to implement AI-driven visual intelligence solutions and improve customer engagement in retail stores and across omnichannel platforms.

The company is also expanding its offerings in Indonesia's banking and financial services sectors, focusing on voice intelligence and AI agents to support regulatory compliance and customer interactions.

Whale is exploring further expansion opportunities within the consumer electronics sector.

MDI Ventures Supports Whale's AI Growth in Southeast Asia

Donald Wihardja, CEO of MDI Ventures, remarked that as AI enterprise solutions grow in emerging markets like Southeast Asia, there is an increasing need for innovative solutions like Whale’s.

MDI Ventures is committed to supporting Whale’s growth, with a focus on encouraging AI adoption in Indonesia, including through synergies with Telkom’s broader ecosystem.

PHOTO: MDI VENTURES

This article was created with AI assistance.