With $44M, Voxel Wants to Keep Putting Workers First

At this point in time, while there's a significant increase in factory construction, particularly in sectors like semiconductors and clean energy, the corresponding employment boost is yet to materialize. This lag, due to the time required to complete advanced manufacturing facilities, is expected to create jobs post-2025.

Voxel’s $44 million Series B funding round arrives just in time to prepare for that pivotal moment: not just for the company, but for the safety of workers in those high-risk environments. Led by NewRoad Capital Partners with participation from Eclipse, Rite-Hite, Tokio Marine, MTech Capital, HG Ventures, and Whitestone, the round brings Voxel’s total funding to $61 million. The capital infusion will go toward advancing real-time AI capabilities, expanding R&D, and growing a team that blends deep industry experience with cutting-edge technical talent.

Voxel’s core focus is deceptively simple: prevent workplace accidents before they happen. But the approach is anything but. The San Francisco-based company deploys real-time computer vision models that integrate with existing security cameras in warehouses, ports, factories, and distribution centers to detect unsafe behaviors and environmental hazards- everything from poor ergonomics to blocked exits or near-miss forklift incidents.

“We’re developing AI to support the workers performing demanding jobs day in and day out on warehouse floors, in factories, in ports, really any industrial environment,” said Vernon O’Donnell, CEO of Voxel. “Leaders don’t need more dashboards or things to do on a daily basis: They need tools that drive action, improve training, and keep teams protected in a way that is part of their daily workflow.”