Recently, Enlaps, a timelapse hardware startup based out of France has secured €3 million in funding led by a group of business angels including Fabien Pierlot, Jiong Ma, and Charles Matine.
The Grenoble-based startup is planning to use this fund to accelerate its development and to continue to provide its solutions to a wider range of customers from professional users to individuals with a passion for photography.
Antoine Auberton, Enlaps CEO and founder, said:
We are very pleased with the confidence that our business angels and financial partners have placed in us. It will allow us to speed up our international growth and invest in R&D so that we can make artificial intelligence technologies a central part of our solutions and exploit to the maximum the potential of content created using timelapse videos.
Founded in 2015 by Antoine Auberton and Benoît Farinotte, the company has developed Tikee timelapse solution based on a compact device equipped with two 4K cameras and a fully-autonomous power supply.
Having said that, it has already been adopted by a number of building and public works groups in France as well as with local authorities and events organisers. Since 2018, nearly 2,000 units have been sold in more than 52 countries around the world.
With Tikee, Enlaps is offering a totally integrated solution including a camera and a web application fully dedicated to video editing and social media sharing, all controlled by a mobile application
In addition to the funding, Together with the funding round, Enlaps has announced the launch of two new products, Tikee PRO 2 and Tikee PRO 2+.
Benoit Farinotte, Enlaps CTO and founder, said:
I am certain that with this new range and these new features, not only professional photographers and businesses but also individuals with a passion for photography will be able to use the solution best suited to their needs to create more innovative and exciting digital content at a very attractive price.
Tikee PRO 2 will be available from the online store at a price of €900 excluding VAT, while the Tikee PRO 2+ will be available for pre-order at a price of €1,300 excluding VAT.
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