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Digital Sputnik has raised $640K across 2 funding rounds.
Key people at Digital Sputnik.
Digital Sputnik has raised $640K in total across 2 funding rounds.
Founded in 2013 by brothers Kaur Kallas and Kaspar Kallas, Digital Sputnik develops and manufactures advanced lighting equipment for cinema, film, and television production. Originating in Estonia and operating from Sun Valley, California, the company created innovative technical solutions like the Apollo family to enhance creativity across Hollywood film sets and European broadcasting markets. The enterprise raised about seven million euros from investors to fund hardware development and historically generated 10,300,000 dollars in total revenue through its United States entity. Despite operating with ten full-time employees in 2022, the business halted production after facing severe manufacturing challenges, a lack of investor interest, and component shortages following the pandemic. Following a challenging financial year that saw a net loss of 1,085,000 euros on 181,000 euros in revenue, the organization officially filed for bankruptcy in 2023.
Key people at Digital Sputnik.
Digital Sputnik has raised $640K across 2 funding rounds. Most recently, it raised $100K Seed in July 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2019 | $100K Seed | — | 14W, Kapor Capital, MIRAISE, Point Nine Capital, Practical Venture Capital, Hiro Tamura, Joshua Schachter, Mark Goines, Wences Casares | Announced |
| Oct 1, 2014 | $540K Seed | — | — | Announced |
Digital Sputnik has raised $640K in total across 2 funding rounds.
Digital Sputnik's investors include 14W, Kapor Capital, MIRAISE, Point Nine Capital, Practical Venture Capital, Hiro Tamura, Joshua Schachter, Mark Goines, Wences Casares.
Digital Sputnik is an Estonian-founded film-technology company that designed and manufactured LED lighting and smart lighting systems for filmmakers, broadcasters and content creators, but in recent years it has faced severe financial difficulties culminating in bankruptcy proceedings in Estonia.[3][4]
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