The imaging technology spinout has attracted semiconductor manufacturer Intel as a co-lead for the round and a consortium that also included the European Investment Fund.
Wooptix, a Spain-based 3D imaging technology spinout company from Universidad de La Laguna in Tenerife, has raised €3m ($3.3m) from investors including Intel Capital, semiconductor technology provider Intel’s corporate venturing unit.
Intel Capital co-led the round with Bullnet Capital, which in February held the first closing of its third fund at €42m after a commitment from the state-backed European Investment Fund. Caixa Capital Risc, the venture capital arm of financial services firm La Caixa, also participated in the round.
Erik Jorgensen, director at Intel Capital, and Javier Ulecia, partner at Bullnet Capital, will join on the company’s board.
Wooptix develops Natural3D software to provide advanced imaging acquisition (both photo and video) using a single camera with standard optics. Jorgensen said the company’s main R&D facilities were based in Spain, with “plans to open in the San Francisco Bay area soon”.
The company is led by Professor José Manuel Rodríguez-Ramos, the inventor behind Wooptix’s technology, CEO Javier Párraga, and Javier Elizalde.
