TLDR:
- Velox, an Israeli company, raised $38M in funding led by Fortissimo Capital.
- The funding will be used to accelerate global presence and innovation in high-speed, direct-to-container digital printing.
Velox, a Kfar Saba, Israel-based company, specializing in industrial direct-to-shape digital decoration solutions for the rigid packaging containers market, recently raised $38 million in funding. The round was led by Fortissimo Capital, with participation from existing investors such as JAL Ventures, O.R.T. Technologies, Ilan Holdings, Evonik, Waypoint Investors, and Migdal Insurance & Finance. This influx of funds will enable Velox to enhance its global presence and drive innovation in high-speed, direct-to-container digital printing.
Velox, founded by Marian Cofler as CEO and Adrian Cofler as COO, offers industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. Their proprietary technology, which utilizes formulated inks and dedicated deposition architecture, presents a novel approach to digital printing within the packaging decoration market. Velox’s commercial solutions include industrial-grade digital decorators for mass production of beverage cans, tubes, and aerosol cans.
This funding round signifies a major milestone for Velox as it positions itself to expand its footprint globally and further advance its technology in digital printing for the packaging industry.
