Bluwhale, an AI-based Web3 start-up, announced it has topped its funding to $100 million. This includes its Seed/Series A round and a $75 million token purchase commitment, grants, and node sale proceeds. These investments will enable the company to further expand its Web3 intelligence layer across multiple L1 and L2 blockchains.
Even though L1/L2s serve as the fundamental infrastructure for Web3 when it comes to transactions, consensus, data, storage, and others, an AI-specific L3 with zk provides aggregation, contextualization, and privacy to the computing environment on which AI agents and models can train and infer.
Bluwhale is well-positioned to decentralize AI, as its layer is powered by nodes that individuals can run on mobile devices to contribute verification and data and provide storage and computing resources to the layer in the future.
The custom zk-layer will be initially built out on Arbitrum to decentralize AI workloads, with an environment optimized for privacy, speed, and cost-efficiency such that AI agents can efficiently utilize the underlying data, storage, and computing resources in the future.
Many investors have participated in Bluwhale’s new funding. And some of the investors and partners joining the round include Cointelegraph, SwissBorg, Awaken Finance, CoinBureau, Altcoin Daily, Master Ventures, DWF Labs, Baboon Ventures, Cryptonite Capital, Hub71, NewTribe Capital, Vitality Ventures, Citizen Capital, Castrum Capital, Elevate Ventures, Common Wealth Fund, AlphaCrypto Capital, Faro, Kahuna, Moon Capital, EVO and London Real Ventures, with additional funding support from Arbitrum and Movement Labs.
Previous Bluwhale investors included SBI Holdings, GSR Ventures, Cardano, Momentum6, Primal Capital, NxGen Ventures, Cyberport, Spyre Capital, Baselayer Capital, Haseeb Qureshi (Managing Partner at Dragonfly), Charles Huang (Creator of Guitar Hero), Jack McCauley (Founder of Oculus), and Decima Fund, which is the collaborative fund of Animoca Brands, Gumi, SBI and MZ Crypto.
KEY QUOTES:
“While individual building blocks to power decentralized AI on the blockchain are available, they are mostly fragmented across platforms and chains. Our L3 in collaboration with Caldera, will deliver data contextualization and orchestration of the scattered blocks to create the most optimal and secure aggregation layer for AI agents, models, and LLMs to plug into similar to a multi-functional RAG system.”
- Han Jin, CEO at Bluwhale
“To decentralize AI on-chain, data, storage, and computation must exist on a single aggregation layer, allowing different parties to consume and contribute most securely and safely possible. Bluwhale and team deeply understand this challenge, so we’re eager and thrilled to partner with them.”
- Matt Katz, CEO of Caldera
“Bluwhale’s AI Layer simplifies the complexity of blockchains by making it as easy as plug-n-play for AI agents and as simple as having a friendly chat with the chain for retail users.”
- Kiet Fong, Gaming Partnership APAC at OffChain Labs (Contributor to Arbitrum)
“Awaken Foundation is proud to back the Bluwhale team in their mission to empower individuals to transform their data and mobile into an asset class. Their innovative work aligns perfectly with our commitment to investing in bold, forward-thinking teams driving AI-powered transformative technologies within the broader Web3 ecosystem.”
- Nattaphol Vimolchalao, Director at Awaken Finance
