Panono Quickly Jumps on Companisto. Easily Beats € 100,000 Minimum Raise in First Day.
Panono has made the leap from Indiegogo hit to equity crowdfunding success. All within a matter of months. Berlin, Germany based Panono raised $1.25 million in a rewards based campaign this past January and remains one of the top funded campaigns of all time on Indiegogo.
The panoramic ball camera caught the attention of tech media around the globe helping to boost the campaign as over 2600 backers supported the project – many signing up to receive one of the first Panono cameras. Indiegogo campaign backers were originally expected to receive the first Panono’s in September 2014, but as with many crowdfunded products the creators have announced delays and now expect first shipments to occur in the Spring of 2015. While some Indiegogo backers have been frustrated with the delay and requested refunds the majority are staying the course.
Panono was founded in Berlin by Jonas Pfeil, Björn Bollensdorff and Qian Qin. The startup was the genesis of an idea formulated in 2007. While on a trip to Tonga in the South Pacific, Jonas struggled to capture the majestic scenery of the vibrant landscape with now ubiquitous panoramic photos from a smartphone. Upon his return to Germany, he developed the idea into taking a panoramic picture from up in the air. This idea became the basis for his thesis at the Technical University of Berlin. In 2011 he presented his prototype at SIGGRAPH Asia, creating a YouTube video of his product that went viral with over 3 million views. He then joined with classmates Björn and Qian and incorporated the company in 2012. Today Björn and Jonas are co-CEO’s of the company with Qian acting as Chief Technology Officer.