Voxel raises $12M in funding round to continue improving workplace safety with AI-powered security

Voxel, an AI startup using computer vision to transform safety and operations in the workplace, secured $12 million in a recent strategic funding round with the goal of improving workplace safety and saving lives.

The strategic funding round was led by global manufacturing industry leader Rite-Hite with participation from existing investors Eclipse Ventures and World Innovation Lab. This makes total funds raised to $30 million since 2020.

Voxel integrates state-of-the-art computer vision technology into existing security cameras to identify hazards, risky behaviors, and operational inefficiencies across a diverse range of workplaces, according to the company.

Once potential risks, such as near-miss vehicle collisions, blocked exits, improper ergonomics, or spills, are identified, a real-time alert is sent to on-site personnel who can take immediate action, and Voxel's analytics help sites identify operational inefficiencies and design policies to prevent future issues.

These proactive measures allow businesses to significantly reduce workers’ compensation and general liability costs, while improving their operations.

To protect workers’ privacy, Voxel’s AI ethics policy means that no facial recognition or identification of individuals is permitted in their systems. Voxel provides its customers with resources for ethically and responsibly implementing AI in the workplace crafted after years of experience developing AI for America’s industrial leaders, according to the company.

“AI is saving lives. We’ve proven that our technology has made great strides toward reducing injuries and saving lives,” said Alex Senemar, CEO and co-founder of Voxel. “Our approach is going to create worksites where employers don't have to bargain between meeting safety standards and meeting their productivity goals. The future of work is not just about doing more, but doing it safer in an environment fit for purpose”.

For more information about this news, visit www.voxelai.com.