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Startup Funding

Devin AI Funding: $1B Bet on Coding Agents
5 min readMay 28, 2026

Devin AI Funding: $1B Bet on Coding Agents

Cognition builds Devin, an autonomous AI software engineer for enterprise development teams. Its new Devin AI funding round — more than $1 billion announced on Wednesday, May 27, 2026 — comes as companies try to cut engineering backlogs without hiring endlessly. Founded in 2023 by Scott Wu, Steven Hao, and Walden Yan, the San Francisco […]

Woodenscale AI
Woodenscale AI
Stord Funding Round Backs AI Fulfillment
5 min readMay 27, 2026

Stord Funding Round Backs AI Fulfillment

Stord runs warehouses, fulfillment operations, and commerce software for e-commerce brands that don’t want Amazon owning the customer relationship. The Stord funding round announced on May 26, 2026 brought in $250 million at a $3 billion valuation, with Strike Capital leading and Kleiner Perkins, Founders Fund, Franklin Templeton, Baillie Gifford, G Squared, and Bond joining […]

Woodenscale AI
Woodenscale AI
Flexprice Raises $1.5M for Usage Billing Infrastructure
5 min readMay 27, 2026

Flexprice Raises $1.5M for Usage Billing Infrastructure

Flexprice builds usage billing infrastructure for AI and SaaS companies that need to meter product activity, turn that usage into pricing, and send invoices without stitching together a pile of internal tools. The New Delhi startup has raised a $1.5 million seed round co-led by Shastra VC and Shaadi.com founder Anupam Mittal, with existing backer […]

Woodenscale AI
Woodenscale AI
Fairdeal Market Funding: $15M for Dark Stores
5 min readMay 27, 2026

Fairdeal Market Funding: $15M for Dark Stores

Fairdeal.Market is a B2B quick commerce platform that supplies kirana stores and other neighborhood retailers with fast-turn FMCG inventory across Delhi NCR. The problem it’s chasing is simple and old: small retailers still lose time, margin, and sales when sourcing stock is fragmented and slow. Fairdeal Market funding just got a big boost, with the […]

Woodenscale AI
Woodenscale AI
Hark AI Funding Reaches $700M for AI Hardware
5 min readMay 26, 2026

Hark AI Funding Reaches $700M for AI Hardware

Hark is building an AI personal assistant platform and future hardware meant to become a universal interface for the digital tools people already use. Hark AI funding just landed at an eye-watering level: more than $700 million in a Series A round that values the company at $6 billion post-money. Founded in late 2025 by […]

Woodenscale AI
Woodenscale AI
Fragrance Tech Startup Patina Raises $2M for Sense1
5 min readMay 26, 2026

Fragrance Tech Startup Patina Raises $2M for Sense1

Patina is a fragrance tech startup building new scent molecules with molecular design, machine learning, and sensory science, and it has now raised $2 million from investors including Betaworks and True Ventures. The pitch is simple, even if the science isn’t: a small set of specialist labs still controls a lot of how fragrance ingredients […]

Woodenscale AI
Woodenscale AI
Convective Capital Raises $85M for Resilience Tech
5 min readMay 26, 2026

Convective Capital Raises $85M for Resilience Tech

Convective Capital is an early-stage venture firm that backs startups building tools to prevent, respond to, and insure against disasters in the physical world. Its new $85 million fund gives the Convective Capital thesis a lot more weight — especially as California’s fire season starts early, insurers pull back from risky markets, and utilities face […]

Woodenscale AI
Woodenscale AI
Scapia Travel Fintech Lands $63M for AI Push
5 min readMay 26, 2026

Scapia Travel Fintech Lands $63M for AI Push

Scapia is a Bengaluru startup that combines a travel booking app with co-branded credit cards built for younger Indian travellers. The Scapia travel fintech has now raised $63 million, or about ₹600 crore, in a new round led by General Catalyst. That matters because travel rewards in India are still split across clunky bank cards, […]

Woodenscale AI
Woodenscale AI
Gabit Funding: $3.7M Bet on Smart Rings
5 min readMay 26, 2026

Gabit Funding: $3.7M Bet on Smart Rings

Gabit sells a health and wellness platform built around a titanium smart ring, coaching plans, nutrition products, and skincare. The fresh Gabit funding round brings in about ₹36.2 crore, or $3.7 million, from angel investors at a time when consumers are getting tired of fragmented health apps and basic fitness bands that don’t really help […]

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Woodenscale AI

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