Voxel Raises $15M in Series A Funding

Voxel

Voxel, a San Francisco, CA-based startup using computer vision to transform safety and operations in the workplace, raised $15M in Series A funding.

The round, which brings total equity raised to $18M, was led by Eclipse Ventures with participation from MTech and World Innovation Labs.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Alex Senemar, CEO, and Anurag Kanugo, CTO, Voxel uses computer vision technology and AI to integrate with existing security cameras to identify hazards, risky behaviors, and operational inefficiencies across a diverse range of workplaces. Once an event such as a spill, speeding vehicle, or ergonomics issue is identified, a real-time alert is sent to on-site personnel who can take immediate action. Voxel’s analytics help sites identify operational inefficiencies and design policies to prevent future issues. These measures allow businesses to reduce worker’s compensation and general liability costs, while improving their operations.

The software is used in warehousing, manufacturing, retail, transportation, construction, and oil & gas.

The team also includes Harishma Dayanidhi, who developed self-driving car technology at Uber and Aurora; and Troy Carlson, former software engineer at Google and other 30 people.

FinSMEs

12/05/2022