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Rotolight receives further funding

Rotolight receives further funding

Rotolight receives further funding

World:

Rotolight, which develops LED lighting for the cinematic, broadcast and photographic applications, has secured a second round of equity investment from the development capital team at SME investment firm Octopus Investments.

Part of the Octopus Group, Octopus Investments first invested in Rotolight earlier in 2019. The latest round of funding is to support the next stage of Rotolight’s growth strategy, which has seen the opening of offices in the US and Holland. It will also provide additional resources to protect the manufacturer’s IP portfolio of more than 50 patents and designs.

‘This has been a transformational year for Rotolight,’ said Rod Aaron Gammons, Rotolight CEO. ‘We saw the initial equity investment from Octopus, growth in our international team and the incredible reception to the Titan X2. We are investing millions of pounds in research and development in order to create products with ground-breaking, industry-first features that save time and money, and enhance the creative possibilities for filmmakers and photographers all over the world. This is only possible in the knowledge that our intellectual property rights protecting that investment will be respected, and this extra funding will allow us to take any actions necessary to ensure they are upheld.’



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