Whale Raises $40M Series C3 Extension, Total $100M
On July 16, 2026, Whale, a Singapore‑headquartered global enterprise AI company, announced a $40 million Series C3 extension, raising its total Series C funding to $100 million. The extension round was led by CMB International, investing through a fund focused on AI and frontier technology, and the SMBC Asia Rising Fund (SARF), the corporate venture capital arm of Sumitomo Mitsui Banking Corporation. Participating investors included Krungsri Finnovate – the corporate venture arm of Krungsri/Bank of Ayudhya and part of MUFG – Singtel Innov8, Hyundai Motor Group and Charisma Partners. Earlier Series C backers comprised Bosch Ventures, MTR Lab, MDI Ventures, Gentree Fund and Linear Capital.
Whale builds an AI Operating System (AIOS) for enterprise operations, anchored by its proprietary Business World Model (BWM) that interprets signals from cameras, sensors and audio similarly to how large language models process text. The company’s platform includes SpaceSight (physical‑space intelligence), Echo (voice and audio intelligence), Lume (AI‑powered content distribution), Alivia (workflow automation and intelligent agents), Harbor (knowledge management and compliance) and Novus (AI infrastructure and governance).
The firm currently serves more than 1,600 enterprises across 45 plus countries, spanning retail, automotive, food‑and‑beverage, manufacturing, financial services, healthcare, fashion and apparel. It manages over 600,000 edge AI nodes globally, delivering solutions that address compliance auditing, service‑quality monitoring and operational‑efficiency challenges.
According to Jerry Ye, Founder and CEO, the new funding is intended to scale teams worldwide, deepen enterprise partnerships and broaden platform integrations with local infrastructure, responding to rising operational costs and the need to convert unstructured operational data into decision‑ready intelligence. The capital will be used to expand deployments in North America and the Asia‑Pacific region, with plans to enter the Middle East‑North Africa and European markets in the near term.
Investors expressed confidence in Whale’s trajectory. Zheng Xiang of Charisma Partners highlighted the shift from tool integration to AI‑native operations in retail and affirmed Whale’s leadership in enterprise AI infrastructure. Mayoran Rajendra of SMBC Group emphasized the synergy between Whale’s technology and SMBC’s global client network. Dr. Zhang Guoyong of CMBI praised Whale’s seven‑year technology foundation and execution capability at scale. Palida Artispong of Krungsri Finnovate noted the strategic fit with Krungsri’s ASEAN footprint and MUFG’s global network. Keith Noh of Hyundai Motor Group underscored the platform’s potential to translate AI innovation into tangible business outcomes across sales, marketing, service and customer engagement.
Linear Capital, an early backer, reiterated its support, citing Whale’s rapid product evolution and expanding global reach.
The press release concludes with a brief description of Whale’s AIOS components and a disclaimer that the release is provided under an arrangement with PRNewswire.