Company Overview
Snapshot
Founded in January 2012 by Marian Cofler and Adrian Cofler, Velox operates with 51–200 employees. The company has raised $109.5 million across 5 funding rounds from 16 investors. In April 2024, Velox secured a funding round led by Fortissimo Capital.
Business overview
Velox develops and manufactures industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. Its proprietary DTS-Inkjet technology, based on specially formulated inks and dedicated deposition architecture, aims to disrupt the packaging decoration market by replacing analog direct-to-shape decoration with digital technology designed for mass production. The company's solutions contribute to sustainability by reducing waste, energy consumption, and enabling on-demand production, serving markets in Canada, the United States, and the United Kingdom within the Industrial Technologies sector.
Strategic signal
In April 2024, Velox raised $38 million in a funding round led by Fortissimo Capital. This significant capital injection signals strong investor confidence in Velox's direct-to-shape digital decoration technology and its potential to further penetrate and transform the rigid container packaging industry, reinforcing its market position and accelerating growth initiatives.
Log in to access full profile ›Company Intelligence Q&A
- What is Velox's core technology?
- Velox's core technology is its proprietary DTS-Inkjet system, which utilizes specially formulated inks and a dedicated deposition architecture for direct-to-shape digital decoration on rigid containers.
- When was Velox founded and by whom?
- Velox was founded in January 2012 by Marian Cofler and Adrian Cofler.
- Which investors participated in the April 2024 funding round?
- In April 2024, Velox raised funding led by Fortissimo Capital, with participation from.
- What strategic partnership did Velox announce in October 2021?
- In October 2021, Crown teamed with Velox to launch the fastest digital beverage can decorator, integrating Velox's technology into Crown's operations.
- What was a key leadership appointment for Velox in November 2023?
- In November 2023, Velox appointed Anthony Allott, co-founder of.