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Cannes—May 11, 2011
Volfoni Speeds Up Development
Volfoni has just completed
raising $3 million from the investment fund Turenne Capital.
Founded in 2007, Volfoni is a
major player in the design, manufacture, and distribution of 3D glasses in
Europe. Since 2009, Volfoni has invested heavily in research and development to
be able to build its next generation of
products using the latest technology. Volfoni has just completed this round of
fundraising to support its commercial and technological development.
"The commercial success of
our EDGE glasses in the cinema and education markets allowed us to maintain the
first phase of our development. The arrival of Turenne Capital helps us rapidly
develop new products and services. The year 2011 will be full of new products.
We are very proud of this fundraiser and the confidence Turenne Capital has in
us,” said Thierry Henkinet, President of Volfoni.
Objectives for 2011
While Volfoni originally came to
prominence in the rental of 3D glasses for cinemas, and later in the design of
3D glasses and consumer electronics, the company also provides comprehensive
services including the integration of 3D systems. This capital will serve to
strengthen the group's growth, and expand its international network by
strengthening existing teams. Volfoni also
plans to open offices in more countries as well as increase research and
“Turenne Capital has chosen to
invest in Volfoni, as they are well aware of our company's growth and
development potential. Volfoni is the only company to offer continuous
innovation in the field of 3D cinemas, televisions, and displays. Right now,
our R&D team is working on products that will allow us to satisfy everyone
in the 3D market, " said Renaud Van Lith, CEO of Volfoni.
Volfoni will be present during
the Cannes Film Festival at the Village Pantiero – Rendez vous des Exploitants.
About Turenne Capital
Turenne Capital is an independent
portfolio management company founded in 1999 to provide private equity funding
to fast-growing companies. Turenne Capital has built a portfolio of several
dozen equity investments representing almost €350M under management and has
become one of the main independent player on growth capital and LBO
transactions for French small caps. Turenne Capital focuses on five key
sectors: manufactured goods, specialist retail, services, medical devices and
About Volfoni SAS:
Volfoni is the largest European 3D equipment group and the major 3D rental company that helped to kick-start the digital take off in 2007 in France and Europe. It is a global supplier of 3D solutions and the creator of the award winning 3D cinema system, SmartCrystal™ Diamond. Its active 3D glasses EDGE VR have won it the leadership in virtual reality 3D installations. It is also the inventor of the Surface Switching Technology, and the patented compact Triple Beam Technology for Hi-LEF 3D projections.
Volfoni SAS Directory page
More Volfoni Press Releases:
Feb 21, 2017
Volfoni continues growing in Egypt after last 3D installations for the new multiplex Point90 in partnership with Waves Inc.
Feb 9, 2017
Luxin-Rio Wholly Acquires Volfoni
Dec 5, 2016
INOX adopts latest 3D technology from VOLFONI
Jun 17, 2016
Volfoni Becomes Kinomax’ Provider of 3D System for the New Multiplex in Partnership with Nevafilm
Apr 6, 2016
Cannes’ Film Festival Has Chosen Volfoni as Exclusive Technical Partner for its 3D Systems
Dec 3, 2015
Chinese Court Rules Volfoni’s Triple-Beam Utility Model Patent Valid
Sep 30, 2015
The future of 3D: SMARTCRYSTAL™ DIAMOND of Volfoni for the "Romanov Cinema"
Aug 4, 2015
Diamonds for Brighter 3D in Russia
May 27, 2015
Volfoni Welcomes RealD's Utility Model Patent Invalidation in China
Apr 20, 2015
Vision Media Management and 3D Specialist Volfoni Announce Partnership to Clean and Recycle 3D Glasses
Apr 15, 2015
Volfoni Welcomes the Decision of the Russian Patent Office to Invalidate RealD's Russian Utility Model Patent
Feb 27, 2015
Volfoni Raises Production Capacity Ahead of Massive 3D Rental Contracts Ending
Dec 3, 2014
Volfoni Returns to Cineasia with Their Prestigious Line-Up of 3D Systems
Sep 24, 2014
Volfoni 3D Wins Prestigious International 3D and Advanced Imaging Society Technology Award
Sep 17, 2014
Volfoni 3D Contests the Validity of RealD's Utility Model Patent in Russia
Sep 15, 2014
Asia Cinema Installs Volfoni's Smartcrystal™ Diamond as the Official 3D-Technology for Walt Disney Studios and Sony Pictures Releasing’s Shared Showroom in Moscow.
Aug 26, 2014
Volfoni Exhibits at China's BIRTV, Confirms Chinese Patent Status
Jul 24, 2014
Brazil’s Roxy Cinema Chain Chooses Volfoni as 3D System Provider
Jun 17, 2014
U.S. Patent Infringement Lawsuit Against Volfoni Is Dismissed
Jun 6, 2014
Volfoni presents SmartCrystal™ Diamond at CineEurope 2014
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