# Whale funding: rounds and investors

> Whale has raised $43M across 2 rounds since 2023. Investors include CMB International, SMBC Asia Rising Fund and Temasek Holdings. Every round with its source.

Source: https://millionrounds.com/company/whale (Millionrounds; every figure on the page links to its filing or article)

Singapore · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Whale*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Raised 4 months ago

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Funding summary Updated 5 Nov 2026

**$43M** raised across 2 rounds since 2023, from 2 sources

**$2.5M** Seed **$40M** Series C

- **Latest round:** Series C, $40M Jul 2026
- **Led by:** CMB International and SMBC Asia Rising Fund
- **Step-up i:** 16×
- **Investors:** 9 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2024 2025 2026

**$2.5M** Seed

**$40M** Series C

- **First round:** Seed, $2.5M
- **Biggest round:** $40M
- **Between rounds:** 3.3 years

## The rounds

- **Jul 2026** Series C **$40M** *8 new* [CMB International](https://millionrounds.com/fund/cmb-international) Lead [SMBC Asia Rising Fund](https://millionrounds.com/fund/smbc-asia-rising-fund) Lead [Temasek Holdings](https://millionrounds.com/fund/temasek) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Singtel Innov8](https://millionrounds.com/fund/singtel-innov8) [Hyundai Motor Group](https://millionrounds.com/fund/hyundai-motor-group) [Charisma Partners](https://millionrounds.com/fund/charisma-partners) [Krungsri Finnovate](https://millionrounds.com/fund/krungsri-finnovate) Reported by Ventureburn
- **Apr 2023** Seed **$2.5M** *1 new* [Volta Ventures](https://millionrounds.com/fund/volta-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2023 **Series C** 2026 [CMB International](https://millionrounds.com/fund/cmb-international) L [SMBC Asia Rising Fund](https://millionrounds.com/fund/smbc-asia-rising-fund) L [Temasek Holdings](https://millionrounds.com/fund/temasek) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) [Singtel Innov8](https://millionrounds.com/fund/singtel-innov8) [Volta Ventures](https://millionrounds.com/fund/volta-ventures) [Hyundai Motor Group](https://millionrounds.com/fund/hyundai-motor-group) [Charisma Partners](https://millionrounds.com/fund/charisma-partners) [Krungsri Finnovate](https://millionrounds.com/fund/krungsri-finnovate)

## Everyone who backed them

[CMB International](https://millionrounds.com/fund/cmb-international) Growth equity **1** round, led 1

[SMBC Asia Rising Fund](https://millionrounds.com/fund/smbc-asia-rising-fund) Corporate VC **1** round, led 1

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

[Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **1** round

[Singtel Innov8](https://millionrounds.com/fund/singtel-innov8) Corporate VC **1** round

[Volta Ventures](https://millionrounds.com/fund/volta-ventures) VC firm **1** round

[Hyundai Motor Group](https://millionrounds.com/fund/hyundai-motor-group) Investment firm **1** round

[Charisma Partners](https://millionrounds.com/fund/charisma-partners) Private equity **1** round

[Krungsri Finnovate](https://millionrounds.com/fund/krungsri-finnovate) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=whale).

## Quick answers about Whale

### Who invested in Whale?

Whale's investors include CMB International, SMBC Asia Rising Fund, Temasek Holdings, Source Code Capital and Singtel Innov8, and 4 more on record. CMB International led its latest round.

### How much has Whale raised?

Whale has raised $43M across 2 rounds since 2023.

### When did Whale last raise?

Whale's most recent round was a Series C of $40M in Jul 2026, led by CMB International.

### What was Whale's biggest round?

Its most recent round, $40M in Jul 2026, is also its largest on record.

### Who backed Whale first?

Whale's first round on record, in Apr 2023, was backed by Volta Ventures.

### What stage is Whale at?

Whale's latest named round is a Series C, in Jul 2026.

### Where is Whale based?

Whale is based in Singapore.

### Who led Whale's rounds?

CMB International led the Series C in 2026.

## Companies like Whale

In the same sector, and raised in the last eighteen months.

[**Ailytics** $7.4M · Oct 2026](https://millionrounds.com/company/ailytics)[**Genie Health** $3.0M · Oct 2026](https://millionrounds.com/company/genie-health)[**OneByZero** $20M · Oct 2026](https://millionrounds.com/company/onebyzero)[**PixVerse** $1.2B · Sept 2026](https://millionrounds.com/company/pixverse)[**Lyte** $190M · Sept 2026](https://millionrounds.com/company/lyte)[**Hivebotics** $6.0M · Sept 2026](https://millionrounds.com/company/hivebotics)

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