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Home > Companies > Velox
Claimed by owner Last Update 22.5.2023 Suggest Edits Claim Profile
Claimed by owner
Velox logo

Velox

Direct-to-shape Digital Decoration

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Velox
About
Lifecycle
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About

Velox develops and manufactures industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. The companys proprietary DTS-Inkjet technology, based on specially formulated inks and dedicated deposition architecture, introduces a new approach to digital printing that seeks to disrupt the packaging decoration market.

Veloxs mission is to transform rigid packaging into a dynamic, sustainable, and efficient interaction platform by replacing analog direct-to-shape decoration with novel direct-to-shape digital decoration technology designed for mass production.

The sustainability benefits of Veloxs digital mass production technology include reducing substrate and chemical waste by eliminating setup waste (e.g. plates, screens, blankets, chemicals, and spot inks); reducing energy consumption, storage, chemical handling units, and downtime by increasing the capacity and efficiency of existing production lines; enabling on-demand production to reduce inventory and eliminate overproduction; and saving on label substrates, glues, and logistics by using direct decoration instead of labels, secondary labels, or sleeves.

Founded

Business models

B2B

Employees

Product stage

Primary Sector

Industrial Technologies

Products

Adaptive Deposition Architecture™ (ADA), Velox IDS 250, Variable Viscosity Ink™ (VVI)

Geographic markets

Global

Funding

Total Funding

$71.5M

Last Funding

$33M

Funding Stage

A

Total Rounds

4

Investors

13

Velox Climate Tech relevance

Digital direct-to-shape (DTS) printing for containers eliminates the need for plastic sleeves or labels, and reduces the environmental footprint across the entire decoration process and beyond. In the direct-to-shape digital process, less equipment is needed throughout the decoration process, which lowers overall energy consumption. Furthermore, without labels or shrink sleeves, aluminum cans are also more recyclable after use by the consumer.

The Team

(6)
Marian Cofler
Co-founder & CEO
Connect
AC
Adrian Cofler
Co-founder & COO
DL
David Leshem
CBO
GS
Guy Shemi
CFO
Connect
ER
Erez Reuven
VP R&D
Merav Sheffer
Head of Marketing
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Company Lifecycle

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Public Offerings & Exits

Private Equity Funding

Seed
$1M
Jul 2014
1 Investors
$1M
Seed
$5.5M
Apr 2016
3 Investors
$5.5M
A Round
$32M
Nov 2018
6 Investors
$32M
Convertible Debt
$33M
Dec 2021
3 Investors
$33M

Locations

Israel

HaMelacha Street 8, Rosh Haayin, Israel

Offices Abroad

Sector

Climate Tech
Clean Industry Tech
Eco-Efficient Manufacturing
Industrial Technologies
Industry 4.0
Materials
Printing & Molding

Core Technology

Machinery & Robotics
Processing Machinery
3D Printing & Additive Manufacturing

Target Customer

Industrial Manufacturing
Process Industries
Glass
Plastics
Discrete Industries
Packaging
Hybrid Industries
Food & Beverages
Metals
Food Retail & Consumption
Wholesale
Commerce & Retail
Consumer Goods
Beauty & Cosmetics
Transportation & Logistics
Logistics

Tags

(13)

Locations

Israel

HaMelacha Street 8, Rosh Haayin, Israel

Offices Abroad

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