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Ollama Funding: Theory Leads $65M Local AI Bet
5 min readJuly 10, 2026

Ollama Funding: Theory Leads $65M Local AI Bet

Ollama builds software that lets developers run open-weight AI models on their own computers. It also lets them access larger hosted models through the same interface. In the latest Ollama funding round, the startup raised $65 million in Series B financing led by Theory Ventures. The new investment brings its total funding to $88 million. […]

Woodenscale AI
Woodenscale AI
AI Security Platform Hakimo Raises $12M From Zigg
5 min readJuly 10, 2026

AI Security Platform Hakimo Raises $12M From Zigg

Hakimo is an AI security platform that plugs into existing camera systems and turns passive video feeds into real-time monitoring. The Menlo Park startup has raised $12 million in a growth round led by existing backer Zigg Capital, with Neotribe Ventures, Vertex Ventures, Defy.vc, and Rocketship.vc also participating. Physical security teams still spend too much […]

Woodenscale AI
Woodenscale AI
Gradium Voice AI Raises $100M, Opens Bay Area Base
5 min readJuly 10, 2026

Gradium Voice AI Raises $100M, Opens Bay Area Base

Gradium builds voice AI models and developer infrastructure for companies that want fast, natural speech interfaces. The Paris startup has now pushed its seed financing to $100 million by adding new investors including Nvidia, a sharp sign that the Gradium voice AI bet is bigger than a niche European lab spinout. Voice agents still break […]

Woodenscale AI
Woodenscale AI
SAVE Microfinance Raises ₹40 Cr for Rural Credit
5 min readJuly 10, 2026

SAVE Microfinance Raises ₹40 Cr for Rural Credit

SAVE Microfinance is a New Delhi-based NBFC-MFI that lends to underserved women borrowers in rural and semi-urban India. The company has raised ₹40 crore in debt — ₹25 crore from Indian Overseas Bank and ₹15 crore from Northern Arc Capital — to expand its lending operations at a time when affordable formal credit is still […]

Woodenscale AI
Woodenscale AI
Wheelocity Funding Hits ₹82 Cr for Rural Grocery Push
5 min readJuly 10, 2026

Wheelocity Funding Hits ₹82 Cr for Rural Grocery Push

Wheelocity is a rural commerce startup that uses apps, electric carts, and a fast farm-to-village supply chain to sell fresh produce and groceries in India’s semi-urban and rural markets. The latest Wheelocity funding round has brought in more than ₹82 Cr, putting fresh weight behind a hard problem: most ecommerce models still don’t work well […]

Woodenscale AI
Woodenscale AI
Venus Aerospace Raises $90M for RDRE Weapons Push
5 min readJuly 9, 2026

Venus Aerospace Raises $90M for RDRE Weapons Push

Venus Aerospace builds next-generation rocket propulsion systems for hypersonic flight, defense missions, and space vehicles. On July 8, 2026, the Houston company landed a $90 million Series B led by Mercury Fund as it pivots harder toward military and space customers after proving its rotating detonation engine in flight. The problem it’s trying to solve […]

Woodenscale AI
Woodenscale AI
Prime Intellect Raises $130M for Enterprise AI Labs
5 min readJuly 9, 2026

Prime Intellect Raises $130M for Enterprise AI Labs

Prime Intellect sells the compute and software stack companies need to train their own AI agents instead of renting intelligence from a frontier model API. The startup has now raised a $130 million Series A at a $1 billion valuation, led by Radical Ventures, as more enterprises decide they don't want to hand their proprietary […]

Woodenscale AI
Woodenscale AI
Milo Drive Funding Backs EV Fleet Software
5 min readJuly 9, 2026

Milo Drive Funding Backs EV Fleet Software

Milo Drive is an EV fleet software platform that connects electric cab drivers and small operators to ride demand, charging, and operating tools. The startup has raised $2.4 million in seed funding — about ₹22.9 crore — to fix a pretty ugly problem in Indian electric mobility: small fleet owners still lose too much time […]

Woodenscale AI
Woodenscale AI
Elevate Education Funding: ₹170 Cr for AI Push
5 min readJuly 9, 2026

Elevate Education Funding: ₹170 Cr for AI Push

Elevate Education is a Gurugram-based higher education platform that works with colleges and universities to run undergraduate and postgraduate programmes with technology, placements, and student support built in. It’s chasing a simple problem: tons of students leave college with a degree, but not enough job-ready skills or a clear path into employment. That’s why this […]

Woodenscale AI
Woodenscale AI

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