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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 development.

“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 information technology.

About Volfoni SAS: Volfoni, based in Paris, is the largest European 3D system company and a global brand with award winning products such as the SmartCrystal™ Diamond for the cinema industry and the Edge VR™ Active Glasses for the virtual reality industry Volfoni SAS Directory page

Tags:

Source:

Volfoni SAS (Boulogne-Billancourt)

Products:

Volfoni EDGE™ 3D Glasses

Countries:

France

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More Volfoni News:

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Apr 10, 2018 Cineworld Group Selects Volfoni for 3D Cinema Systems Rollout

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Feb 9, 2017 Luxin-Rio Wholly Acquires Volfoni

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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"

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Apr 15, 2015 Volfoni Welcomes the Decision of the Russian Patent Office to Invalidate RealD's Russian Utility Model Patent

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Dec 3, 2014 Volfoni Returns to Cineasia with Their Prestigious Line-Up of 3D Systems