Velox secures US$38M in funding round to drive digital printing innovation for containers

GERMANY – Velox, a leading developer, manufacturer, and seller of industrial direct-to-shape digital decoration solutions for the rigid packaging containers market, has secured a significant milestone with the closure of a US$38 million funding round led by Fortissimo Capital.

This substantial investment is poised to propel Velox’s global expansion initiatives while driving innovation in high-speed, direct-to-container digital printing technology.

Yuval Cohen, founding and managing partner at Fortissimo Capital, emphasizes the strategic significance of the investment, citing Velox’s revolutionary technology as a game-changer in the beverage packaging decoration market.

With a track record of backing digital printing companies like Kornit Digital, Nur Macroprinters, Diptech, and Tritone Technologies, Fortissimo Capital recognizes Velox’s potential impact.

The timing aligns with Velox’s momentum as they ramp up production of their reliable, state-of-the-art digital printers for beverage cans.

Velox’s proprietary technology, leveraging uniquely formulated inks and dedicated deposition architecture, enables high-speed digital printing on rigid cylindrical containers like beverage cans.

This innovation represents a paradigm shift for the rigid packaging industry, enhancing quality, efficiency, and sustainability in decoration processes.

Commercial solutions offered by Velox include industrial-grade digital decorators tailored for mass production of beverage cans, tubes, and aerosol cans.

Notably, these printers boast minimal setup time, catering to shorter-run customers and facilitating customized marketing communications directly onto containers.

Beyond efficiency gains, Velox’s decoration technology champions sustainability by eliminating hundreds of tons of shrink sleeves and plastic labels annually, while also enabling the recyclability of aluminum cans.

The company’s commitment to superior decoration quality, efficient production processes, and outstanding sustainability resonates throughout its offerings.

Backed by a seasoned team with extensive experience in digital printing, Velox is poised for significant growth.

The funding round, which saw participation from existing investors, underscores confidence in Velox’s trajectory and will further support efforts to expand global reach, enhance technological expertise, and cater to a rapidly growing customer base.

Marian Cofler, co-founder and CEO of Velox, acknowledges the rising demand for efficient and sustainable printing technologies in the beverage packaging segment.

He highlights the company’s commitment to meeting this demand, expressing excitement about collaborating with Fortissimo Capital and existing investors to accelerate growth and serve customers worldwide.

Velox’s success story underscores the transformative potential of innovative digital printing solutions in the packaging industry, aligning with broader trends highlighted in recent industry reports.

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