Notilo Plus Company

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Notilo Plus Company - overview

Established

2016

Location

Marseille, -, France

Primary Industry

Electronics

About

Notilo Plus Company specializes in innovative underwater camera solutions, with its flagship product, the iBubble, an autonomous drone designed for capturing high-quality underwater videos and photos during water sports activities. Founded in 2016 in Marseille, France, Notilo Plus Company focuses on developing advanced underwater camera technology. The company has completed a total of 7 deals, with the most recent funding round occurring on July 2, 2019. Xavier Spengler is the founder, who has a background in technology and entrepreneurship.


Notilo Plus has raised a total of EUR 1. 75 million from various investors, including Bpifrance Investissement Régions and CMA CGM Ventures. Notilo Plus Company provides the iBubble, an autonomous underwater drone that captures high-quality videos and photos for water sports enthusiasts and professional content creators. The iBubble features advanced tracking technology, enabling it to follow users without the need for a camera operator, making it user-friendly for various customer segments.


The revenue model for Notilo Plus Company is based on direct-to-consumer sales and partnerships with specialized retailers. Customers can purchase the iBubble through the company’s online platform or select retail partners, with pricing structured around different tiers for standalone purchases and bundled accessories. The company is also exploring subscription services for optional updates and cloud storage. Following their recent funding of EUR 1.


75 million in July 2019, Notilo Plus Company plans to utilize this capital to further develop its drone technology. The company is focusing on upcoming product launches and aims to expand into new geographic markets, including parts of North America and Asia, in the following years. These strategic initiatives are expected to enhance their product offerings and increase their market presence.


Current Investors

Turenne Groupe, Bpifrance Investissement Régions, Provence Business Angels

Primary Industry

Electronics

Sub Industries

Electronic Components, Integrated Circuits

Website

https://ibubble.camera/

Verticals

E-commerce

Company Stage

Series F

Total Amount Raised

Subscriber access only

Notilo Plus Company - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019
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Notilo Plus Company - employee data

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