What is Velox?
Velox is at the forefront of innovation in the packaging decoration sector, developing and manufacturing industrial-grade direct-to shape digital decoration solutions. Its core technology, DTS-Inkjet, utilizes uniquely formulated inks and a dedicated deposition architecture to offer a novel approach to digital printing. This technology is poised to significantly disrupt the rigid container industry by providing advanced, efficient, and high-quality decoration capabilities. The company's focus on this specialized niche positions it as a key player in the evolution of packaging aesthetics and functionality.
How much funding has Velox raised?
Velox has raised a total of $103M across 3 funding rounds:
Other Financing Round
$32M
Unspecified
$33M
Other Financing Round
$38M
Other Financing Round (2018): $32M, investors not publicly disclosed
Unspecified (2021): $33M led by Migdal Insurance and Financial Holdings, JAL Ventures, Menora Mivtachim, and Meitav Dash Investments
Other Financing Round (2024): $38M supported by Waypoint Investment Partners and Fortissimo
Key Investors in Velox
Migdal Insurance and Financial Holdings
Migdal Insurance and Financial Holdings, a prominent Israeli financial services provider since 1934, offers a broad spectrum of insurance and financial solutions, indicating a strategic interest in companies with robust growth potential.
JAL Ventures
JAL Ventures is a venture capital firm focused on providing expansion capital to early-revenue Israeli technology companies, particularly in the enterprise technology sector, suggesting a focus on B2B solutions with high scalability.
Waypoint Investment Partners
Waypoint Investment Partners Inc. is a financial services firm based in Toronto, specializing in investment management and advisory services, likely seeking to support companies with strong market positioning and growth prospects.
What's next for Velox?
With a recent major strategic investment and a history of substantial enterprise-level funding, Velox is well-positioned for accelerated growth and market expansion. The company's disruptive DTS-Inkjet technology provides a strong foundation for scaling its operations and further penetrating the packaging decoration market. Future strategic initiatives will likely focus on enhancing manufacturing capabilities, expanding its technological offerings, and solidifying partnerships within the rigid container industry. This latest round of financing is expected to fuel further innovation and market penetration, reinforcing Velox's competitive advantage.
See full Velox company page
