PANews reported on October 22nd that AI Web3 startup Bluwhale announced the completion of a $10 million Series A funding round, backed by a global financial institution and L1/L2 blockchain companies. The lead investor in this round was UOB Venture Management, with participation from many existing investors and new backers including PAID Network, Sublime Ventures, High Cosmos Capital, CMY Ventures, DataSpike, NewHeritage, and Amazon AI executives.
Bluwhale is a decentralized intelligent network built on blockchain infrastructure for artificial intelligence. Bluwhale's Token Generation Event (TGE) will take place on October 21, 2025, launching BLUAI, the native token of its decentralized AI network.