Camera maker Insta360 raises $30M as it eyes 2020 IPO

Insta360,one of the pioneers in making 360-degree cameras, just raised $30 million in a Series C+ funding round from Chinese investors, including Everest Venture Capital, MG Holdings and Huajin Capital.
The Shenzhen-based camera maker declined to disclose its latest valuation. It plans to use the fresh proceeds in research and development, marketing and after-sales services in its key international markets, including the United States and Japan, which are the company’s second and thir