Highcon Systems

Company Overview

Snapshot

Founded in November 2009 by Michael Zimmer and Aviv Ratzman, Highcon Systems operates with 51–200 employees. The company has raised a total of $158.31 million across 13 funding rounds from 10 investors. In November 2020, Highcon Systems completed a successful $45 million Initial Public Offering on the Tel Aviv Stock Exchange.

Business overview

Highcon Systems develops and sells digital cutting and creasing machines for the folding carton industry. The company's core technology, Digital Adhesive Rule Technology, enables the production of high-quality, complex packaging without traditional dies, allowing customers to quickly create new designs and modify existing ones without incurring high costs. Highcon Systems serves markets including packaging and containers, printing, and supply chain, with its machines utilized by major brands such as Coca-Cola, Unilever, and Procter & Gamble.

Strategic signal

In March 2025, Highcon Systems announced it was winding down operations and laying off most of its workforce, having lost significant value since its flotation. This signals a critical operational restructuring and a challenging period for the company, indicating a need for strategic re-evaluation or potential acquisition to leverage its underlying technology.

Company Intelligence Q&A

What was a significant financial event for Highcon Systems in late 2020?

In November 2020, Highcon Systems completed a successful $45 million Initial Public Offering on the Tel Aviv Stock Exchange.

What strategic partnership did Highcon Systems announce in October 2023?

In October 2023, Highcon Systems secured an equity investment and announced a strategic partnership with BHS, alongside purchase orders for two Beam 2Cs machines.

What was the status of Highcon Systems in May 2025?

In May 2025, Highcon Systems ceased to operate, following a period where the company laid off most of its workforce.

What new product developments did Highcon Systems announce in March 2024?

In March 2024, Highcon Systems announced new digital die-cutting solutions with advanced features designed for mainstream folding carton and corrugated production.

Which investors participated in Highcon Systems' funding round in October 2023?

In October 2023, Highcon Systems secured an equity investment from investors including JVP.