Velox Raises $38M in Funding Led by Fortissimo Capital

Velox
Co-founders (L-R) Marian Cofler (CEO) and Adrian Cofler (COO)

Velox, a Kfar Saba, Israel-based developer, manufacturer and seller of industrial direct-to-shape digital decoration solutions for the rigid packaging containers market, raised $38M in fudung.

The round was led by Fortissimo Capital with participation from existing investors, JAL Ventures, O.R.T. Technologies, Ilan Holdings, Evonik, Waypoint Investors and Migdal Insurance & Finance.

The company intends to use the funds to accelerate its global presence and innovation in high speed, direct-to-container digital printing.

Led by Marian Cofler (CEO) and Adrian Cofler (COO), Velox develops, manufactures, sells and supports industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. Its proprietary technology, based on formulated inks and dedicated deposition architecture, introduces an entirely new approach to digital printing to innovate the packaging decoration market. Velox’ commercial solutions include industrial-grade digital decorators for mass production of beverage cans, tubes, and aerosol cans.

FinSMEs

06/04/2024