Highcon Systems

Digital Cutting and Creasing Solution

Industrial Technologies
Non Active, May 2025 ceased to operate

Company Overview

Snapshot

Founded in November 2009 by Michael Zimmer and Aviv Ratzman, Highcon Systems operates with 51–200 employees. The company has raised over $158 million across 13 funding rounds from 10 investors. In November 2020, Highcon Systems completed a successful $45 million initial offering on the Tel Aviv Stock Exchange.

Business overview

Highcon Systems specializes in developing and selling 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 for rapid design iteration and cost reduction. Highcon serves markets including packaging and containers, printing, and pulp & paper, with its machines utilized by major brands such as Coca-Cola, Unilever, and Procter & Gamble.

Strategic signal

In March 2025, Highcon Systems announced it would cease operations, laying off most of its workforce. This decision follows a significant loss of value since its flotation, indicating a challenging market environment and strategic difficulties for the company.

Company Intelligence Q&A

What is the current operational status of Highcon Systems?
Highcon Systems is currently non-active and ceased operations in May 2025.
When did Highcon Systems go public and on which exchange?
Highcon Systems completed a $45 million initial offering on the Tel Aviv Stock Exchange in November 2020.
What was a significant recent financial event for Highcon Systems?
In October 2023, Highcon Systems secured an equity investment and strategic partnership with BHS and PO's for 2 Beam 2Cs. Investors JVP and Landa Ventures participated in this round.
What strategic partnership did Highcon Systems announce in December 2022?
In December 2022, Highcon Systems announced a strategic collaboration with Sealed Air Corporation (SEE).
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 for mainstream folding carton and corrugated production.

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