12 November 2019Mathys & Squire’s award winning technology client Rotolight secures further investment
Mathys & Squire is delighted to announce that its client, Rotolight, a pioneering British technology company which specialises in creating advanced LED lighting products for the cinematic, broadcast and photographic industries, has secured a second round of equity investment from the Development Capital team at leading UK SME investor business, Octopus Investments.This funding follows on from Octopus Investments’ previous growth capital investment of £5 million in Rotolight earlier this year (click here for previous news story). As part of the larger Octopus Group, which manages over £8.5bn on behalf of retail and institutional investors, Octopus Investments serves as a long-term partner for Rotolight, and its additional funding will support the next stage of the tech company’s ambitious growth plans, including opening offices in the US and the Netherlands.Mathys & Squire has worked closely with Rotolight almost since its inception to build the company’s significant portfolio of patents and designs. Widely recognised as a leading innovator in the sector, Rotolight has won over 30 awards for technological excellence.Rotolight CEO, Rod Aaron Gammons, commented: “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.”Commenting on this recent development, Mathys & Squire partner Dani Kramer, who heads up the team working with Rotolight, said: “We are delighted that our client Rotolight has been successful in securing this further funding. The outstanding work that Rod and his team do in this field is acknowledged in their various accolades and demonstrated through their latest innovation – the Titan™ X2. It is a pleasure to be a part of their success in protecting their IP and maximising the value of their patents and designs.”For more information, read the full press release from Rotolight here.Congratulations to the Rotolight team!