Bluwhale

AI Web3 startup Bluwhale has completed a new round of financing, with a total funding amount reaching 100 million dollars

ChainCatcher news, AI Web3 startup Bluwhale has completed a new round of financing. Some of the investors and partners participating in this round include Cointelegraph, SwissBorg, Awaken Foundation, 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, along with additional funding support from Arbitrum and Movement Labs.Bluwhale's financing has reached $100 million, including seed/A round financing as well as a $75 million token purchase commitment, grants, and node sales revenue. These investments will enable the company to further expand its Web3 smart layer across multiple L1 and L2 blockchains.According to the RootData page, Bluwhale completed a $7 million seed round financing in March this year. Bluwhale's AI personalization protocol is specifically designed to unlock the full potential of decentralized applications (dApps) by extracting deep insights from user wallets across various blockchain networks. Bluwhale's main goal is to drive user growth, engagement, and retention by identifying and reaching potential users through data-driven decision-making and personalized wallet-to-wallet communication.

Silicon Valley AI Web3 startup Bluwhale completes $7 million seed round financing, led by SBI

ChainCatcher news, the AI Web3 startup Bluwhale based in Silicon Valley announced the completion of a $7 million seed round financing. This round was led by SBI (including SBI Ven Capital and SBI Decima), with participation from Cardano, Momentum6, Primal Capital, NxGen, Ghaf Capital Partners, Spyre Capital, Baselayer Capital, Haseeb Qureshi, managing partner of Dragonfly, Charles Huang, founder of Guitar Hero, Jack McCauley, founder of Oculus, as well as collaborative funds from Animoca (Japan), Gumi, MZ Crypto, and others like Sygnum and Azimut.It is reported that Bluwhale was founded in 2022 by machine learning experts from Stanford and Berkeley, along with former TikTok AI senior personnel Adam Rowell and Han Jin, aiming to connect Web3 wallet holders with companies through AI technology, allowing dApps to directly reach their target audience and potential new users while optimizing their marketing expenditures. This initiative enables wallet holders to earn from advertising and promotional spending targeted at them. Bluwhale utilizes AI and contextual data to generate comprehensive profiles of Web3 individuals by analyzing on-chain behaviors, activities, and preferences, developing wallet roles and groupings, helping companies more accurately identify potential audiences, bringing transparency to the industry, and optimizing marketing/sales expenditures.As of now, 180 companies have registered to use its AI platform, which is currently in the public testing phase, having indexed over 2.7 million wallets.
ChainCatcher Building the Web3 world with innovators