OpusClip Raises $30M in Funding to Expand AI-Powered Video Repurposing Platform
OpusClip is focused on revolutionizing the way content creators and brands repurpose long-form videos for social media.
Company Name: OpusClip
Location: Redwood City, CA
Sector: AI, Video Repurposing, Social Media
Funding Details: Raised $30 million in funding led by Millennium New Horizons, with participation from Samsung Next, GTMfund, and DCM Ventures.
Purpose of Investment: The company plans to use the funds to expand operations and its development efforts.
Product and Innovation: OpusClip is an AI-powered platform designed to transform long-form videos into high-quality, viral short clips suitable for social media platforms like TikTok, YouTube Shorts, and Instagram Reels. The AI engine adjusts clips for various aspect ratios, detects speakers and moving objects to enhance visual appeal, and identifies the most compelling hooks within the video. It then extracts highlights and rearranges them into cohesive short videos optimized for virality. OpusClip is particularly effective with content such as video podcasts, educational videos, commentary videos, product reviews, and motivational speeches.
About the Company: OpusClip is focused on revolutionizing the way content creators and brands repurpose long-form videos for social media. By leveraging advanced AI technology, the company enables users to maximize their content's reach and engagement across multiple platforms. OpusClip’s innovative approach to video repurposing allows creators to efficiently generate viral content, enhancing their social media presence and driving audience growth.
