Luxonis, a Denver company that makes vision cameras and perception software for robots, raised a $14m Series A announced on 2 July 2026. Denali Growth Partners led. Taiwania Capital took part, and both firms join Luxonis's board. No valuation was disclosed.
The funds will be used to expand production of the OAK cameras and supply chain capacity, advance the OAK4 platform, grow research and development, go-to-market and engineering support teams, and launch lower-priced, more flexible devices for industries such as agriculture, defense, warehousing and medical technology.
“we're delighted to close our first institutional round and welcome Denali and Taiwania to our board.”Bradley Dillon, CEO, Luxonis
What Luxonis does
Luxonis, founded in 2019, makes the OAK camera, which pairs multiple sensors with on-device computing, and the open-source DepthAI software. They supply the visual perception that robots and automated systems need. OAK4 launched in December 2025.
The company says it has thousands of customers, including more than 60 Fortune 500 companies and 17 of the Dow Jones 30, and that the DepthAI software has been downloaded 6 million times. These figures come from the company. It did not give a headcount or revenue.
Chief executive Bradley Dillon said: "we're delighted to close our first institutional round and welcome Denali and Taiwania to our board."
Funding before now
This is the company's first institutional round. Dillon said earlier backing came from friends and family, according to the announcement, which also mentions a successful Kickstarter campaign. SiliconANGLE reports that a 2020 Kickstarter campaign raised $1.3m from more than 6,500 backers.
SiliconANGLE adds that PitchBook puts cumulative capital raised, including crowdfunding, at over $23m, a figure the company did not confirm in its announcement.
Who invested
Alec Douglas, a principal at Denali Growth Partners, said the firm was thrilled to support the Luxonis team as it continues to meet the perception needs of its customers. Richard Wang, managing partner of Taiwania Capital, said the firm is proud to back a team that bridges regional strengths.
Both firms join the Luxonis board.
Where physical AI is heading
The announcement frames Luxonis as supplying the perception layer behind physical AI, meaning AI that acts in the real world through robots and machines. Its cameras pair multiple sensors with computing on the device itself.
The new devices at accessible price points are aimed at sectors such as agriculture, defense, industrial and heavy machinery, medical technology and warehousing, according to SiliconANGLE.
SiliconANGLE confirms the company is based in Denver, Colorado, and describes OAK Camera devices as combining multiple vision sensors with on-device compute. It lists the same uses of funds as the company: edge AI architectures and the OAK4 ecosystem, supply chain capacity, R&D, go-to-market and engineering support teams, and new devices at accessible price points and flexible form factors. SiliconANGLE adds that these devices target defense, industrial and heavy machinery, medical technology and warehousing.
Luxonis did not disclose a valuation, revenue or employee count. The announcement describes it as a US-based company with offices worldwide.
Company website: luxonis.com