Danish underwater action camera manufacturer Paralenz has filed for bankruptcy, just two months after launching its latest version of the camera, the Vaquita 2nd Gen.
Paralenz filed for bankruptcy on 18 October, however, very little information has been forthcoming from the company since then. The Paralenz website is currently offline.
Queries to the Paralenz customer services e-mail have been met with a short reply indicating that Paralenz has filed for bankruptcy, but is trying to find a way to restart:
‘It is with regret that we inform you that Paralenz has filed for bankruptcy.
For curator questions and queries, please contact lawyer Christina Andersen from Horten: cdn@horten.dk. Thank you.
We are working very hard on a solution for us to restart the Company. However, we are not able to confirm anything at the moment, but we will keep you informed once we know more about the situation. We thank you for your support and patience.’
Paralenz started life in 2015 as a concept for a camera that was to be ‘built by divers, for divers’, using an innovative, in-camera depth-colour correction system to eliminate the need for filters and post-processing.
The first camera – originally named the ‘Octospot’ – was launched as a Kickstarter-funded project in July 2016, where it reached its funding goal in less than 10 hours, before being brought to the open market in late 2017, to excellent reviews.
DIVE has contacted Paralenz representatives for comment. This article will be updated with information as and when we receive it.
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