Third significant tooling loan for multi-award winning Rotolight manufacturer from National Tooling Loan Fund.
- Funding from the National Tooling Loan Fund supports manufacturer firm to develop new product
- Berkshire-based Rotolight Group Ltd is a renowned specialist in creating advanced LED lighting
The Berkshire manufacturing firm behind the creation of renowned Rotolight brand has to date received a six-figure investment loan from the National Tooling Loan Fund, now managed by Frontier Development Capital, sister business of Finance Birmingham, sponsor of the Manufacturing Advisory Service (M AS). The investment supports the development of key products already successfully brought to market.
The latest tooling loan from the Fund, supported Rotolight’s development of its latest innovative product, a new location LED light targeted at the broadcasting sector with pioneering dimmer properties, due for release later this year. Previous investments developed the tooling required to create Rotolight’s award winning NEO and AEOS models.
Established in 2005, Rotolight is renowned for designing, developing and distributing new and specialist LED lighting used in the photography and filming industries. Its award winning, innovative products have been used on countless famous films, such as James Bond Skyfall and BAFTA winning Captain Philips, and utilised by the BBC, ITV, EA Sports and Disney. The company has exported over 100,000 products worldwide and received numerous global awards and accolades, most recently awarded for best lighting innovation and best on-camera flash.
Helen Gammons, Director at Rotolight, said:
“We are delighted to receive ongoing support from FDC, to help us develop our latest ambitious plans and develop a new product.”
Frontier Development Capital and the National Tooling Loan Fund support businesses by providing access to investments of up to £2million for tooling required for new and confirmed projects.
Marie Kelly, Investment Manager at Frontier Development Capital, said:
“We are delighted to be able to support Rotolight once again to allow them to expand their product portfolio. The firm is a well-established manufacturing business built on strong foundations and performing extremely well developing innovative lighting products for its clients working within the filming and photography industry.
“The team at FDC is pleased to be able to support the business and its growth ambitions and looks forward to seeing the team continue to develop tooling required to deliver innovative products across the global.”