All Articles
Venture Capital

Filmmakers and VCs are Investing in the Revolution of the Webcam

November 7, 2023
x min read

Filmmaker Casey Neistat is known for his prowess behind the lens. Now, he’s investing alongside a group of some of Silicon Valley’s brightest venture capitalists into a startup trying to revolutionize the webcam.

What’s happening:

  • San Francisco based camera startup Opal has closed a $17 million Series A financing round
  • The round was led by Peter Thiel’s Founder Fund and included notable participation from Casey Neistat, Slack Fund, Kindred Ventures, Eighty-Seven Capital and Marques Brownlee

Why it matters:

  • No one has ever been able to successfully bring computational photography onto a webcam before
  • Opal is aiming to be the first company to bring DSLR video quality into a webcam that is easy to use, mount and record with

Going deeper:

  • Founders from Airbnb, Instagram, Shopify, Twitch and Youtube also participated in the recent funding round
  • Opal is also building their own software platform to enable seamless editing of video content, which is known as Composer

By the numbers:

  • Opal’s flagship product the Opal C1 is made of less than 2% plastic
  • Since inception Opal has raised $20M USD

The intrigue:

  • Opal’s camera is powered by an Intel Myriad chip to produce high resolution images

Discover what’s next. The world’s biggest ideas, disruptive trends, most exciting early stage companies and groundbreaking entrepreneurs.

By clicking Subscribe you're confirming that you agree with our Privacy Policy.
Thanks for subscribing!
Keep an eye out for a welcome email shortly.
Oops! Something went wrong while submitting the form.