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Luxonis raises $14 million Series A led by Denali Growth Partners to enhance the OAK camera and expand its robotics platform.

PRIVATEJul 02, 2026•about 1 month ago

Amount Raised

$14 Million

Round Type

Series A

DenverSoftwareArtificial IntelligenceMachine LearningRobotics

Investors

Taiwania CapitalDenali Growth Partners

Description

Luxonis closes its $14 million Series A to scale production of the OAK camera and deepen the OAK4 platform, accelerating the next wave of robotics and industrial automation. The funding will advance Luxonis's product roadmap and commercial expansion. Denali Growth Partners led the round with participation from Taiwania Capital. CEO Bradley Dillon expresses excitement about welcoming new board members and their expertise.

Company Information

Company

Luxonis

Location

Denver, Colorado, United States

About

Founded in 2019, Luxonis brings the intelligence of AI into the physical world by combining visual sensors, on-device computation, and open software into a unified platform that simplifies robotic vision. The company's open-source DepthAI SDK has reached 6 million downloads, enabling robotics, industrial, and defense teams with industry-leading depth perception and on-device AI. Luxonis has grown to serve thousands of customers, including more than 60 Fortune 500 companies.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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