Voxel, a San Francisco, CA-based AI-driven workplace safety company, has raised $44 million in Series B funding, bringing its total funding to $61 million.
Investors
The round was led by NewRoad Capital Partners, with participation from Eclipse, Rite Hite, Tokio Marine, MTech, HG Ventures, and Whitestone.
NewRoad Capital Partners is a private equity and growth equity firm headquartered in Bentonville, Arkansas. Founded in 2012, the firm invests in high-growth companies within the supply chain and logistics, retail technology, marketing technology, and consumer packaged goods (CPG) sectors. Beyond funding, they provide hands-on operational support to help companies grow.
Voxel Use of Funds
The company will use the funding to accelerate R&D, enhance its AI and computer vision capabilities, expand data insights, and grow its team of industrial safety experts.
About Voxel
Voxel is an AI company dedicated to revolutionizing workplace safety and risk management across industrial environments. The company has developed a platform that integrates with existing security cameras to identify potential hazards, unsafe behaviors, and operational inefficiencies in real time. Voxel serves prominent organizations across retail, logistics, warehousing, and manufacturing. Companies such as Dick’s Sporting Goods, Americold, AGI (Ag Growth International), the Port of Virginia, and Berry Global have adopted Voxel’s AI-powered platform.
Funding Details
Company: Voxel Labs, Inc.
Raised: $44.0M
Round: Series B
Funding Date: June 2025
Lead Investor: NewRoad Capital Partners
Additional Investors: Eclipse, Rite Hite, Tokio Marine, MTech, HG Ventures, Whitestone
Company Website: https://www.voxelai.com/
Software Category: AI / Computer Vision / Workplace Safety
Source: https://www.voxelai.com/press/voxel-raises-44m-in-series-b-funding