What is Highcon Systems?
Founded in 2009 and headquartered in Yavne, Israel, Highcon Systems addresses critical inefficiencies faced by folding carton and corrugated converters. The company's digital cutting and creasing product portfolio is designed to meet the evolving demands of shorter time-to-market and smaller job sizes, challenges that traditional die-making processes struggle to accommodate. Highcon's innovative digital technology bridges the gap between agile production and design flexibility, enabling faster response times, just-in-time production, customization, and in-house application versatility. With offices in Europe and the US, Highcon serves a global clientele, providing cost-effective solutions that enhance manufacturing responsiveness.
How much funding has Highcon Systems raised?
Highcon Systems has raised a total of $65M across 2 funding rounds:
Unspecified
$20M
Stock Offering
$45M
Unspecified (2017): $20M with participation from Landa Ventures, OurCrowd, LR Group, Jerusalem Venture Partners, and Go Capital
Stock Issuance/Offering (2020): $45M, investors not publicly disclosed
Key Investors in Highcon Systems
Landa Ventures
Landa Ventures is an investment firm that typically plays an active role in helping its portfolio companies achieve growth objectives, with investments spanning various technology sectors.
OurCrowd
OurCrowd is an investment platform established in 2013, facilitating investments in startups and venture funds for accredited investors and institutions.
LR Group
LR Group is dedicated to creating sustainable solutions for global growth and impact, focusing on sectors like agriculture, energy, and telecommunications, and empowering communities worldwide.
What's next for Highcon Systems?
The recent major strategic investment signals Highcon Systems' intent to further solidify its market position and accelerate innovation in digital finishing solutions. This capital infusion is expected to fuel advancements in their product development, potentially expanding their digital cutting and creasing capabilities to new substrates and applications. Furthermore, the funding will likely support Highcon's global expansion efforts, strengthening its presence in key markets and enhancing its sales and support infrastructure to better serve the growing demand for agile and efficient packaging production solutions. The company's focus on addressing industry-wide manufacturing inefficiencies positions it for continued growth and technological leadership.
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