Velox, based in Kfar Saba, Israel, develops, manufactures and sells industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. Its proprietary technology, based on formulated inks and a dedicated deposition architecture, introduces an entirely new approach to digital printing for packaging decoration. Velox's commercial solutions include industrial-grade digital decorators for mass production of beverage cans, tubes, and aerosol cans. The company is led by Marian Cofler (CEO) and Adrian Cofler (COO). Velox raised $38M in funding led by Fortissimo Capital with participation from existing investors including 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 to innovate in high-speed, direct-to-container digital printing. Velox develops and manufactures industrial-grade direct-to-shape digital decoration solutions for the rigid container industry using its proprietary DTS-Inkjet technology. The DTS-Inkjet system is based on formulated inks and a deposition architecture designed to match or replace existing decoration technologies on quality, production speed, and total cost-of-ownership. The company positions its solution as an end-to-end replacement that also offers greater agility and efficiency versus legacy methods. Velox was co-founded by Marian Cofler (CEO) and Adrian Cofler (COO). The business completed a $32m funding round to support commercialization and scale. Velox intends to use the proceeds to expand digital printing from special editions into the mass packaging decoration market.

Total raised

$70M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2024