Funding

Luxonis Raises $14M in Series A Funding Led by Denali Growth Partners

Jul 3, 2026 | By Startuprise io

Luxonis, a Denver, CO-based robotics and industrial automation company advancing the OAK camera and DepthAI software, has raised $14 million in a Series A funding round led by Denali Growth Partners, with participation from Taiwania Capital.

The company will use the funding to expand its commercial operations, accelerate product development, and increase production of its OAK camera platform. The investment will also strengthen its supply chain and support the growth of the OAK4 ecosystem, which launched in December 2025.

Luxonis is a robotics and industrial automation company that developed the OAK camera and the DepthAI software platform. Its technology provides the vision and perception systems that help robots and automated machines understand and interact with the real world.

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The company's OAK cameras combine multiple sensors with built-in computing power in a single device. Paired with its open-source software platform, the system allows developers to use AI to quickly build and deploy automation applications that rely on computer vision.

Luxonis plans to introduce new AI vision devices at lower price points and in different form factors for industries such as agriculture, robotics, defense, industrial automation, healthcare, heavy machinery, and warehousing. The funding will also support the development of next-generation AI technology and help customers move faster from prototype to commercial deployment.

The company combines visual sensors, on-device computing, and open-source software into a single robotic vision platform. Luxonis serves thousands of customers, including more than 60 Fortune 500 companies and 17 Dow Jones 30 companies. Its open-source DepthAI software development kit (SDK) has been downloaded more than 6 million times.

“After more than seven years building Luxonis with the support of friends and family, we’re delighted to close our first institutional round and welcome Denali and Taiwania to our board. They bring a wealth of experience that will help us accelerate our already rapid growth as we give machines the human perception they need to take on the world’s physical work, "said Bradley Dillon, CEO of Luxonis.

“We are thrilled to support the Luxonis team as they continue to meet the perception needs of customers ranging from individuals to Fortune 500 companies, across a range of end markets, said Alec Douglas, Principal at Denali Growth Partners.

“Luxonis is setting the global standard for physical AI by combining Central and Eastern Europe’s elite AI engineering and Taiwan’s robust manufacturing with a U.S. go-to-market engine. Taiwania Capital is proud to back a team that bridges these regional strengths to solve complex automation challenges for enterprises, "said Richard Wang, Managing Partner at Taiwania Capital.

About Luxonis

Founded in 2019 by Shawn McLaughlin and Martin Peterlin, Luxonis develops AI vision technology that helps robots and automated systems understand and interact with the real world. Its OAK camera devices combine multiple sensors and built-in computing power in a single unit, supported by an open-source software platform that enables developers to build and deploy AI-powered automation applications quickly.

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