Wootz.work Raises $6.6M Series A
Industrial supply chain startup Wootz.work raised $6.6 million in Series A funding led by Z47 VC and Nexus Venture Partners. Separately, Quill Meetings secured $6.5 million in seed funding led by Basis Set with participation from Naval Ravikant for their sovereign AI staff tools platform.
Wootz.work, founded in 2023 by Karan Anand and Himanshu Uniyal, acts as a single, accountable manufacturing partner for complex industrial programs across India and Southeast Asia. The company aims to address the estimated 15-30% of savings typically lost in offshoring due to coordination failures like delays, rework, and quality issues. This new funding will help expand its engineering teams and scale its manufacturing control systems. The company's platform provides advanced engineering and manufacturing solutions for original equipment manufacturers (OEMs) in sectors like food processing, renewable energy, and data centers. Wootz.work takes ownership of the entire process from design to delivery, aiming to provide a reliable procurement channel for global customers. The firm operates with teams in India, the US, the UK, and Italy. Lead investor Z47, formerly Matrix Partners India, is a venture capital firm with over $3.5 billion in assets under management that focuses on sectors including enterprise AI and advanced manufacturing. Nexus Venture Partners, which also participated, is a venture capital firm with a focus on enterprise software and digitally-enabled businesses in the U.S. and India. The new funding brings Wootz.work's total raised to nearly $10 million, following a $3.5 million seed round in August 2023. Quill Meetings' new platform, Quilliam, is a "sovereign Chief of AI Staff" designed to manage a professional's various AI tools. The system is built with a "local-first" architecture, meaning user data and AI processing happen on the user's device by default to ensure privacy and compliance with regulations like GDPR. It can even operate fully offline in "air-gapped" environments for maximum security. The platform starts by transcribing and summarizing meetings and conversations—which it notes can take up 75% of a professional's day—to learn a user's workflows. It then uses that context to coordinate other AI tools, for example, by creating tickets in Linear, updating documents in Notion, or preparing briefing materials for a client call. The funding will be used to accelerate product development and expand the team. Lead investor Basis Set is an early-stage venture firm specializing in AI and automation startups. Other participants in the seed round included 500 Global, Morado Ventures, AME Cloud Ventures, and well-known angel investor Naval Ravikant.
