Singapore-headquartered enterprise artificial intelligence company Whale has raised $40 million in a Series C3 extension, bringing its total Series C financing to $100 million. The round was led by CMB International through an AI and frontier technology-focused fund and SMBC Asia Rising Fund, the corporate venture capital vehicle of Sumitomo Mitsui Banking Corporation. Krungsri Finnovate, Singtel Innov8, Hyundai Motor Group, and Charisma Partners also participated in the financing.
Funding Supports International Expansion
Whale plans to use the new capital to accelerate deployments across North America and the Asia-Pacific region while preparing further expansion into the Middle East, North Africa, and Europe. Founder and CEO Jerry Ye said the company will scale its international teams, deepen enterprise partnerships, and expand integrations with local infrastructure rather than build a new platform from the ground up. The strategy reflects growing corporate demand for systems that can convert unstructured operational information into intelligence that supports faster decisions and lower operating costs.
An Operating System for Enterprise AI
Founded in 2017, Whale develops what it describes as an AI Operating System that connects digital workflows with activity in physical locations such as stores, factories, showrooms, and commercial facilities. Its proprietary Business World Model processes signals from cameras, sensors, and audio, allowing businesses to interpret real-world operations in a manner comparable to how large language models analyze text. The platform is intended to create a continuous loop between sensing conditions, understanding what is happening, and initiating operational actions.
Core Products Connect Physical and Digital Operations
Whale’s SpaceSight product transforms camera and internet-of-things data into information on customer traffic, dwell time, engagement, and compliance, helping companies monitor performance across distributed locations. Echo analyzes frontline sales and service conversations to identify effective behaviors and convert those findings into repeatable coaching programs. These products connect with Lume for content distribution, Alivia for intelligent agents and workflow automation, Harbor for knowledge management and compliance, and Novus for infrastructure and governance.
Growing Enterprise Footprint
Whale says it now serves more than 1,600 enterprises in over 45 countries across retail, automotive, food and beverage, manufacturing, financial services, healthcare, and other industries. The company also reports managing more than 600,000 edge AI nodes globally, giving it a sizable base for collecting and analyzing operational data close to where business activity occurs. Its headquarters remain in Singapore, while its North American presence is expanding alongside established operations across markets including Japan, Indonesia, Malaysia, and Thailand.
Strategic Investors Add Regional Reach
The investor group gives Whale access to financial, telecommunications, automotive, and commercial networks that could support customer acquisition and product deployment. SMBC Group highlighted the company’s ability to structure data from physical environments, while CMB International pointed to its execution across complex enterprise implementations and increasing commercial traction. Krungsri Finnovate and Hyundai Motor Group also emphasized the potential to extend Whale’s technology across Southeast Asian markets and into practical business applications spanning sales, marketing, service, and customer engagement.
Building on Earlier Series C Financing
The Series C3 extension follows Whale’s earlier Series C1 and C2 financings, which the company said had raised more than $60 million by May 2025. Those rounds brought backing from investors including Temasek, Linear Capital, Bosch Ventures, MTR Lab, MDI Ventures, Gentree Fund, and Singtel Innov8. The latest capital therefore broadens a shareholder base that combines conventional venture investors with strategic corporations able to contribute industry expertise, market access, and potential commercial partnerships.
Whale’s latest financing provides additional resources for a global expansion strategy centered on enterprise AI that operates across both software systems and physical environments. The company’s next challenge will be converting its large deployment footprint and broad product suite into consistent adoption across different industries, regulatory settings, and regional infrastructure requirements. With $100 million secured across its Series C, Whale is positioning its platform as foundational infrastructure for companies seeking measurable operational gains from artificial intelligence.