TechFlow news, according to TechFundingNews, Web3 AI startup Bluwhale has announced the completion of its seed and Series A funding round totaling over $100 million. The funding includes $7 million in venture capital, $85 million in token purchase commitments, and $8 million in grants plus node sales revenue. Notable investors include Cointelegraph, SwissBorg, and Awaken Finance.
Founded in 2022 by Adam Rowell and Han Jin, machine learning experts from Stanford and Berkeley and former members of TikTok's AI team, Bluwhale is collaborating with Caldera to develop Oceanum, an L3 zk-rollup initially built on Arbitrum, aiming to decentralize AI workloads.
The project enables users to run validation and data nodes via mobile devices, providing storage and computing resources to the layer, thereby turning users' mobile devices and digital footprints into monetizable assets. The new funds will be used to expand its Web3 intelligence layer across multiple L1 and L2 blockchains.
