Wootz.work Secures $3.5 Million in Seed Funding for Team Expansion, Technology Development, and Market Consolidation in the US and UK
In the bustling landscape of engineering solutions, a new player has emerged—Wootz.work. This value sourcing platform, inspired by the legendary Indian Wootz steel, is focused on delivering durable, export-grade custom engineering components and assemblies, primarily working across metals and composites [1].
Founded by Karan Anand and Himanshu Uniyal in March 2023, Wootz.work is making waves in the industry. The company is currently working with factories and Original Equipment Manufacturers (OEMs) in the UK, and has plans to expand its presence in the US and UK this year by setting up new offices [3].
Wootz.work's proprietary technology matches customer requirements with the right manufacturing capabilities, leveraging a trusted supplier network in India to ensure faster turnaround times, flexible financial models, and complete transparency throughout the process [1]. The company aims to streamline the cross-border buying experience for light engineering products.
To achieve this, Wootz.work employs digital-first, CAD/CAM-driven workflows that ensure compatibility with modern AI tools and digital manufacturing systems [2]. This digital thread approach—from design to inspection—enables seamless integration with AI-driven quality control and supply chain forecasting. It supports rapid prototyping, low-volume production, and agile iteration cycles, simplifying collaboration and reducing lead times for OEMs worldwide [2].
The company also provides transparency and structured production data that facilitate cross-border sourcing by enhancing trust and traceability between buyers and the Indian supplier network.
Investors are excited about the manufacturing opportunity in India, with Matrix Partners India leading the $3.5 million Seed round, joined by Nexus Venture Partners, AdvantEdge, Mars Shot Ventures (Razorpay Founders' Fund), and 30 angel investors [3]. The funds will be used to establish the early team, build technology, and strengthen presence in the US and UK.
Karan Anand, co-founder and CEO of Wootz.work, aims to make the company a trusted, enduring procurement channel for global customers [1]. Matrix Partners India believes that Wootz's platform empowers Indian SME manufacturers to sell globally.
The article, published by the international franchise of Media, within the specific brand named India, provides insights into Wootz.work's mission and growth trajectory. The opinions expressed by the author, Teena Jose, are their own and do not represent the views of the Media brand as a whole. The article is intended for reading by an unspecified audience.
Wootz.work's innovative approach to engineering procurement is set to revolutionize the industry, making it more efficient, reliable, and transparent, particularly in the light engineering sectors. As the company expands its global footprint, it will continue to leverage its unique blend of historic Indian metallurgy inspiration and advanced digital manufacturing workflows to ease international procurement challenges.
[1] Wootz.work (2023). Retrieved from https://www.wootz.work/ [2] Wootz.work (2023). Digital Manufacturing. Retrieved from https://www.wootz.work/digital-manufacturing/ [3] Wootz.work (2023). News. Retrieved from https://www.wootz.work/news/
- Wootz.work, a new platform inspired by the legendary Indian Wootz steel, is using innovative technology to deliver durable engineering components and assemblies worldwide, with funding from Matrix Partners India and others.
- Founded by Karan Anand and Himanshu Uniyal, Wootz.work is leveraging a trusted supplier network in India to offer faster turnaround times, flexible financial models, and complete transparency, streamlining the cross-border buying experience for light engineering products.
- The company's digital-first, CAD/CAM-driven workflows enable seamless integration with AI-driven quality control and supply chain forecasting, supporting rapid prototyping, low-volume production, and agile iteration cycles.
- As Wootz.work expands its presence in the US and UK, it aims to empower Indian SME manufacturers to sell globally, revolutionizing the industry with a more efficient, reliable, and transparent approach, particularly in the light engineering sectors.
