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Venture Capital News: Voxel Pulls In $44M Series B Financing Round

2025-06-04
SAN FRANCISCO, CA, Voxel, the AI company revolutionizing workplace safety and risk, announced it has raised $44 million in Series B funding.
NewRoad Capital Partners led the round with participation from current investors Eclipse, Rite Hite, Tokio Marine, and MTech as well as HG Ventures and Whitestone. This round brings the company's total funding of $61 million to date. Voxel will use the funding to accelerate R&D and deepen its AI capabilities-enhancing real-time computer vision models and expanding data insights. The company will also invest in growing its team of industry experts to ensure Voxel's customers don't just benefit from cutting-edge AI solutions, but also decades of applied experience in industrial environments.

Voxel is revolutionizing workplace safety with its AI-powered site visibility platform, designed to help organizations identify and mitigate risks in industrial environments. Using existing cameras, Voxel transforms basic video footage into actionable insights, enabling organizations to proactively make workplaces safer and more effective.

Voxel partners with businesses across industries such as warehousing, manufacturing, distribution, and insurance. By equipping businesses with the tools to identify risks before they happen, Voxel powers safer, more effective work environments.
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