Wooptix, a Madrid and Tenerife, Spain-based imaging specialist, raised US$3.3M in Series A funding.
The round was led by Bullnet Capital and Intel Capital with participation from Caixa Capital Risc. In conjunction with the funding, Erik Jorgensen, director at Intel Capital, and Javier Ulecia, partner at Bullnet Capital, will join on the company´s Board.
The company intends to use the funds to develop its Natural3D software.
A spin-off company from Universidad de La Laguna in Tenerife, Spain, Wooptix is advancing Natural3D software to provide advanced imaging acquisition (both photo and video) using a single camera with standard optics. The technology has broad applications, from 3D acquisition using a single camera of a mobile phone to high precision measurements for industrial purposes using portable devices.
The company is led by Professor José Manuel Rodríguez-Ramos, the inventor behind Wooptix’s technology, CEO Javier Párraga, and Javier Elizalde.