As part of a $121M series D funding round, German manufacturer Leica –among others– invests in Light. The startup tech company focuses on multi-lens cameras which make massive use of computational imaging. With fresh money and the renowed Leica brand in their back, new fields of products are in plain sight.
Remember the Light L16 concept camera which actually became a reality in 2017? This pocket-sized camera is able to capture 52 megapixel snaps with 16 lenses (and therefore 16 sensors). All the individual images will be combined into one single 52 MP picture using computational imaging. Now, with another $121M at their disposal, the company wants to drastically expand their lineup.
If you’re still not sure about what exactly the L16 camera concept is, this quote by SoftBank’s Partner Akshay Naheta (SoftBank led this Series D funding) might clearify things:
Light is a world leader in computational imaging. By replacing mechanical complexity with digital sophistication, they have been able to drastically reduce the size, weight, and cost of traditional cameras. This has paved the way for a whole new era of intelligent imaging applications.
As a first product, and after three funding rounds in which Light raised a total of $64.7M, the L16 camera was announced in 2015 and released in 2017. The L16 is a pocket-sized 52 megapixel beast of a camera. In terms of video it’s capable of shooting 4K video but it only uses single lenses out of its 16-lens arsenal. Choose between 28mm, 70mm or 150mm. No image-fusion in video mode, at least not yet.