Luxonis raises $14M to develop the vision layer for intelligent automation
Denver-based Luxonis Holding Corp. announced Thursday it raised $14 million in early-stage funding to transform industrial automation with cameras and machine vision, providing a perception layer for robotics and automated systems to understand the real world.
Denali Growth Partners led the Series A round alongside participation from Denali Growth Partners.
Founded in 2019, Luxonis’ trajectory to this point is worth noting. The company started off this marathon on an uncommon path for tech startups: a 2020 Kickstarter campaign provided a $1.3 million foundation from over 6,500 backers. This has culminated today in cumulative capital raised of over $23 million, including the crowdfunding, according to Pitchbook.
Luxonis builds both the cameras and the software that give robots “vision,” a critical layer of Physical AI that enables AI vision-language models and vision-action models to perceive the real world. AI-driven robotics ingest data from numerous sources, including visual, to control actuators, robotic arms and other devices. Having high-quality inputs that can drive depth perception, multiple angles and signal processing can be the difference between being half-blind and having eyes fully open.
