Narrative Life-Logging Camera (Formerly Memoto) Runs Into Production Issues, Delivery Delayed

3 NarrativesNarrative (formerly Memoto) crowdfunded over $500,000 on Kickstarter for their small form factor life-logging camera last year. The campaign ended in November of 2012.

The team is having production issues largely related to quality control in manufacturing. Narrative has been forced to benchmark each unit manually, for interest. All of this is time-consuming, of course.

What does that mean for backers? The Narrative is already late to ship. During the campaign delivery was promised for any time between February and April of this year depending on pledge level and how early backers got involved.

Now certain backers will have to wait just a little longer for their promised rewards. Some backers had their shipping dates pushed back to early December, which of course puts Narrative closer and closer to the big holiday. Backers are getting increasingly cranky in the Kickstarter comments for the campaign, but credit where credit is due: Narrative has done a good job of posting frequent updates and being transparent about the situation.

Narrative raised $3 million in venture capital from True Ventures earlier this year based on their Kickstarter success.

[h/t SlashGear]



Sponsored Links by DQ Promote

 

 

Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Nov 7, 2026 vs Jan 1, 2025 - Nov 7, 2025

Share this graph
Number of Filings134Prior 129 +3.9%
Target Raise, Total$3.45BPrior $3.59B -3.8%
This YTDYear priorChange
Filings 134 129 +3.9%
Target raise $3.45B $3.59B -3.8%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Newest
Oldest Most Voted
 
0
Would love your thoughts, please comment.x
()
x
Send this to a friend