Velox
Direct-to-shape Digital Decoration
StartupVelox is a Rosh Haayin-based startup in the Industrial Technologies sector, established in 2012. Direct-to-shape Digital Decoration. The company has raised a total of $109.5M across 5 funding rounds, currently at the C stage. Velox was founded by Marian Cofler and Adrian Cofler . Key investors include Fortissimo Capital, Evonik Venture Capital, JAL Ventures, among 16 total investors. The company has 51-200 employees. Core technologies: Machinery & Robotics, Processing Machinery, 3D Printing & Additive Manufacturing.
With $109.5M in total funding, Velox is a C-stage company operating in Industrial Technologies. The company follows a B2B business model. Product stage: Released. The company holds 1 patent. Velox is identified as relevant to climate technology.
- StageC
- ProductReleased
- ModelB2B
- Employees51-200
- HQRosh Haayin
- DistrictCenter District
- Last Round$38M
- Fortissimo CapitalLead
- Evonik Venture Capital
- JAL Ventures
16 investors total
Marian CoflerCo-founder & CEO
Adrian Cofler Co-founder & COO
10 articles covered by sources including www.startuphub.ai,
www.calcalist.co.il,
www.dlpmag.com,
velox-digital.com,
www.prnewswire.com.
What does Velox do?
Velox develops and manufactures industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. The company's 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. Velox' 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.
How much funding has Velox raised?
Velox has raised $109.5M in total funding across 5 rounds. The company is currently at the C stage. Key investors include Fortissimo Capital, Evonik Venture Capital, JAL Ventures.
Who founded Velox?
Velox was founded in 2012 by Marian Cofler (Co-founder & CEO), Adrian Cofler (Co-founder & COO).
What sector is Velox in?
Velox operates in Climate Tech, Clean Industry Tech , Eco-Efficient Manufacturing, Industrial Technologies, Manufacturing Processes & Systems, with core technologies in Machinery & Robotics, Processing Machinery, 3D Printing & Additive Manufacturing. Target customers: Industrial Manufacturing, Process Industries, Glass, Plastics, Discrete Industries, Packaging & Containers, Hybrid Industries, Food & Beverages, Metals, Food Retail & Consumption, Wholesale, Commerce & Retail, Consumer Goods, Beauty & Cosmetics, Transportation & Logistics, Logistics.
Where is Velox located?
Velox is based in HaMelacha Street 8, Rosh Haayin, Israel, Center District.