# Velox-Puredigital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/velox-puredigital

- Industry: Industrial Machinery
- Headquarters: Kfar Saba, Israel
- Website: https://velox-digital.com
- Total disclosed funding: $38M
- Latest round: Series C (Apr 2, 2024)
- Investors on record: 7

## About

Founded in 2012, and based in Rosh HaAyin, Israel, Velox-Puredigital Ltd. operates as a manufacturer of direct-to-shape digital printing technology for mass production, specifically serving the packaging decoration market. In April 2024, Velox-Puredigital Ltd. raised USD 38 million in series C funding led by investor Fortissimo Capital, with participation from returning investors Evonik Industries AG, Ilan Holdings, JAL Ventures, etc. The firm as of August 2024, is led by its co-founders, Marian Cofler (CEO) and Adrian Cofler (COO). 

Velox leverages its DTS-Inkjet technology to offer high-speed, industrial-grade digital printing systems. This technology, combines Adaptive Deposition Architecture™ (ADA) and Variable Viscosity Ink™ (VVI), for print quality and operational efficiency. Velox's product line includes the Velox IDS Series, which encompasses various models such as the IDS-BC™, IDS-NC™, IDS-PT™, IDS-AC™, and IDS-SC™. These systems cater to diverse needs, from high-volume beverage cans to plastic tubes and aerosol containers. The technology supports up to 500 containers per minute, ensuring both high production capacity and low total cost of ownership (TCO).

The company plans to utilize the April 2024 funding to expand its global reach, develop its technology expertise, and scale its offering to serve its rapidly growing customer base in the beverage packaging segment.

## Funding rounds

- Series C, Apr 2, 2024, $38M — Fortissimo Capital, Migdal Insurance Company, Evonik Industries AG, Waypoint Investors, JAL Ventures, O.R. Technologies LTD, Ilan Holdings

## Investors

- Fortissimo Capital (https://capitalatlas.ai/funds/fortissimo-capital) — Series C
- Migdal Insurance Company — Series C
- Evonik Industries AG — Series C
- Waypoint Investors (https://capitalatlas.ai/funds/waypoint-investors) — Series C
- JAL Ventures (https://capitalatlas.ai/funds/jal-ventures) — Series C
- O.R. Technologies LTD — Series C
- Ilan Holdings — Series C