Im pretty sure that you can merge several clips covering the full 360 with some software. I belive Magix supports 360 video rendering.
Basically you would need to record 4 videos covering 180 dergress front, 180 back, 180 degrees up and 180 degrees down. Then merge those 4 clips.
That is my theory anyways.
EDIT:
Maybe this would work to merge the videos, then edit the 360 video in Magix