What does Voxel do?
Voxel specializes in leveraging AI and real-time computer vision to transform basic video footage into actionable insights, helping organizations identify and mitigate risks in industrial environments.
How much did they raise?
The company raised $44m in a Series B round led by NewRoad Capital Partners, with participation from Eclipse, Rite Hite, Tokio Marine, MTech, HG Ventures, and Whitestone, bringing its total funding to $61m.
What are their plans for the money?
Voxel plans to use the funds to accelerate its research and development efforts, deepen its AI capabilities, and expand data insights, potentially transforming workplace safety standards in industrial settings.
What have they achieved so far?
Voxel has already achieved significant progress by developing an AI-powered site visibility platform that turns existing video footage into actionable safety insights, reinforcing its role as a leader in workplace risk management.
