
Total amount raised
$77 Millions
Latest funding date
08/01/2024

Location
Opal has introduced a range of innovative webcam products, including the Tadpole, Opal C1, and Composer, catering to both casual and professional users. The company's offerings are designed to enhance video communication experiences with high-quality hardware and software solutions.
Keep reading to explore the intricacies of Opal's fundraising journey and the investors backing this innovative platform.
What Is Opal?
Opal Camera Inc. is a company that designs and sells high-quality webcams for both professional and personal use. Their product lineup includes the Tadpole, a webcam designed specifically for laptops, the Opal C1, a professional-grade webcam, and the Composer, which enhances the webcam experience.
Operating in the technology industry, Opal focuses on creating innovative webcam solutions. The company emphasizes providing top-notch resources and support for their products, maintaining an active presence on social media platforms like Instagram and Twitter.
How Much Funding Has Opal Raised?
- Series A
- Amount Raised: $17M
- Date: October 2023
- Lead Investors: Founders Fund
- Series B
- Amount Raised: $60M
- Date: August 2024
- Lead Investors: OpenAI Startup Fund
Opal has raised a total of $77M in funding.
Key Investors
- Founders Fund
- Details: Founders Fund is a venture capital firm based in San Francisco, known for its investments in early-stage companies. The firm was founded by Peter Thiel, Ken Howery, and Luke Nosek in 2005.
- Investment Focus Areas: Technology, healthcare, aerospace
- Notable Investments: Facebook, SpaceX, Palantir Technologies
- OpenAI Startup Fund
- Details: OpenAI Startup Fund is an investment arm of OpenAI, focusing on supporting startups that are leveraging artificial intelligence. The fund aims to accelerate the development and deployment of AI technologies.
- Investment Focus Areas: Artificial intelligence, machine learning, robotics
- Notable Investments: Not publicly disclosed
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