Pisofttech

Pisofttech

Pisofttech is specializing in virtual reality (VR). The company is technology-led and has a strong technical reserve.

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DateInvestorsAmountRound
investor investor

€0.0

round
*

CNY20.0m

Series B
Total Funding000k
Notes (0)
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Pisofttech, which now operates under the name Labpano, is a company specializing in panoramic imaging technology. Founded in 2012 by alumni of the Hong Kong University of Science and Technology (HKUST) and several PhDs, the firm initially established itself as a panoramic algorithm provider. The founding team includes CEO Mr. Shen, CPO Mr. Gao, and co-founder Wang Chao. After years of focusing on software and gaining a significant global market share in embedded panoramic algorithms, Labpano transitioned in 2017 to developing its own AI vision hardware and industry-specific solutions. This strategic shift was supported by funding from notable investors such as China Resources and ARM's early-stage fund. A key milestone was the 2018 launch of the Pilot Era, an 8K panoramic camera featuring a large touchscreen, which was followed by investments from the CR Innovation Fund and Leaguer Venture Capital in 2019.

The company's business model revolves around the design, development, and sale of panoramic cameras and providing comprehensive AI vision solutions. Labpano targets both professional and consumer markets. Its clients range from individual content creators and real estate photographers to large-scale business users in sectors like the automotive industry. Revenue is generated through the sale of its hardware products and tailored solutions for various industries, such as the 360° Automatic Vehicle Monitoring (AVM) system. In 2019, the company rebranded from Pisofttech to Labpano to better reflect its identity as a provider of innovative panoramic solutions. More recently, Labpano launched the 'PanoX' brand to create a distinct image for its intelligent camera product line, aiming to make panoramic photography more accessible to the public.

Labpano's product lineup is centered on all-in-one 360-degree cameras. The flagship Pilot Era, introduced in 2018, was a notable development, offering in-camera stitching of 8K video, a feature that significantly streamlines the production workflow by removing the need for PC-based processing. This camera operates on an Android-based OS, includes a 3.1-inch touchscreen for control and preview, and features 512GB of internal storage. It supports both wired and wireless live streaming in 4K. Subsequent products include the Pilot One, a more compact 8K camera, and the PanoX V2, a consumer-focused model. The PanoX V2 offers 72MP photo capabilities and 5.7K video at 30fps, operated through a large 3-inch touchscreen and an Android OS. A key selling point across the product line is the PilotSteady 9-axis gyroscope stabilization, which ensures smooth footage. The cameras are also designed for specific applications like Google Street View, with built-in GPS capabilities.

Keywords: Labpano, Pisofttech, PanoX, panoramic camera, 360 camera, VR camera, 8K video, in-camera stitching, Pilot Era, AI vision, panoramic algorithm, computer vision, Google Street View camera, professional 360 camera, consumer 360 camera, live streaming camera, machine vision, imaging solutions, virtual tour camera, embedded algorithms

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