Panono's new owner offers camera to original backers at production cost

Despite raising about $1.25 million in a crowdfunding campaign, now-defunct company Panono GmbH went bankrupt after failing to deliver its 360-degree camera to many of the people who had backed the product. The company was bought by the Swiss-based private equity investor Bryanston Group, which acquired most of its assets but none of its obligation to Indiegogo backers. Bryanston Group AG has brought back the Panono camera under a new holding company called Professional GmbH. Despite stressing t...