Voxel, a San Francisco, CA-based startup using computer vision to transform safety and operations in the workplace, announced that it raised $15 million in Series A funding, bringing Voxel's total equity raised to $18 million.
The round was led by Eclipse Ventures, with participation from MTech and World Innovation Labs.
The team has grown from 8 at the beginning of 2022 to close to 30, and the Series A investment will allow Voxel to accelerate its growth even further.
Company: Voxel Labs Inc.
Raised: $15.0M
Round: Series A
Funding Month: May 2022
Lead Investors: Eclipse Ventures
Additional Investors: MTech and World Innovation Labs
Company Website: https://www.voxelai.com/
Software Category: AI-powered Video
About the Company: Led by Alex Senemar, CEO, and Anurag Kanugo, CTO, Voxel uses artificial intelligence to enable security cameras to automatically identify potential workplace hazards, high-risk activities, and operational inefficiencies, allowing on-site personnel to address concerns in real-time. The platform keeps workers safe while helping companies significantly reduce overhead costs from general liability, worker's compensation, and property claims. Voxel software is transforming operations in warehousing, manufacturing, retail, transportation, construction, and oil & gas. Voxel’s team has grown rapidly, adding key personnel to its staff from established industry firms, including Samsara, Verkada, Google, and Apple.
Source: https://newsdirect.com/news/voxel-raises-15m-to-decrease-workplace-injuries-and-prevent-workplace-accidents-200564205