Giroptic is building the GoPro for Virtual Reality, raises $4,5M with 360 CP and others

By December 15, 2015Fund

Giroptic closes a $4,5 million round with 360 Capital Partners, Partech Ventures, SOSV, Finorpa, and business angels such as Oleg Tscheltzoff, Pascal Cagni and Aloe Blacc.

The egg-shaped 360cam captures everything around you, making it the perfect camera for virtual reality headsets. Giroptic is an interesting player as the company is producing its own camera as well as an in-house stitching solution. Giroptic had grabbed $1.4 million in a Kickstarter campaign. Kickstarter backers will receive their cameras in December and January. The 360cam isn’t just for professionals. It’s for everyone who wants to play with virtual reality video. Eventually, if virtual reality video becomes mainstream, Giroptic will be well positioned to sell a camera to millions of potential customers.

The company now plans to sell its camera in store in order to be ready when the first virtual reality headsets also arrive in your favorite electronics store.

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