Rotolight Secures Investment To Support Business Growth Plans

Rotolight has secured substantial equity investment from the Development Capital team at Octopus Investments, to support its business growth plans.

The £5 million growth capital funding will strengthen the company's future, as they invest heavily in research and development to deliver 15 cutting-edge products in the next five years as well as marketing and international expansion, which will lead to the creation of a number of new jobs, at its headquarters at Pinewood Studios, UK.

Appealing to both 'prosumer' and professionals alike, Rotolight has revolutionised the photography and filmmaking industries with its advanced lighting technology, from NEO 2™, the world’s first LED flash for aspiring photographers, to its Anova PRO 2™ professional studio light that has been utilised by the BBC, ITV’s Dancing on Ice, EA Sports and Disney. Rotolight’s products have lit countless famous faces such as Martin Scorcese, Margot Robbie and Sir Elton John and been used on feature films such as James Bond Skyfall, and Tom Hanks Captain Phillips.Their products offer a unique build quality and design, being entirely UK made, and boast a considerable IP portfolio including over 50 patents and designs. The company has exported over 100,000 products to 41 countries around the world.

Octopus Investments is the largest VCT investor in the UK, and will bring significant expertise, a wealth of relevant industry experience and key contacts to help Rotolight deliver on its growth strategy. With over £8.5bn funds under management, Octopus has a track record for backing fast growing businesses with ambition to scale into industry leaders.

Rod Aaron Gammons, CEO of Rotolight, said: "We are delighted to secure Octopus as part of our team for what will be a very exciting time ahead; delivering on our ambitious plans for growth and developing products that change the way photographers and filmmakers work with light, enabling them to be more creative and efficient in their work than ever before. Octopus bring a wealth of expertise and added value which was very important to us, and really understood and bought into our vision for the future."