About Velox
Velox is a company based in Rosh Haayin (Israel) founded in 2012. It operates as a Professional Services. Velox has raised $70 million across 3 funding rounds from investors including Evonik, Migdal Group and ALTANA. Velox offers products and services including DTS-Inkjet Technology and IDS Series. Velox operates in a competitive market with competitors including Landa Digital Printing, Manroland Sheetfed, Inkcups, Monotech Systems and Comexi, among others.
- Headquarter Rosh Haayin, Israel
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Velox Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$70 M (USD)
in 3 rounds
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Latest Funding Round
$38 M (USD), Series C
Apr 02, 2024
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Investors
Evonik
& 10 more
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Employee Count
Employee Count
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Products & Services of Velox
Velox offers a comprehensive portfolio of products and services, including DTS-Inkjet Technology and IDS Series. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital printing technology is developed for container decoration.
Industrial-grade decorators are provided for cylindrical container production.
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Funding Insights of Velox
Velox has successfully raised a total of $70M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $38 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $38.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series C - Velox | Valuation | Fortissimo Capital | |
| Nov, 2018 | Amount | Series B - Velox | Valuation | JAL Ventures , O.R.T. Technologies | |
| Mar, 2018 | Amount | Seed - Velox | Valuation | Evonik Venture Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Velox
Velox has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Evonik, Migdal Group and ALTANA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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VC firm focused on tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Velox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Velox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Velox Comparisons
Competitors of Velox
Velox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Landa Digital Printing, Manroland Sheetfed, Inkcups, Monotech Systems and Comexi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Nano graphic printing technology is developed for mainstream digital applications.
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| domain | founded_year | HQ Location |
Sheet-fed offset printing presses and related technologies are produced.
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| domain | founded_year | HQ Location |
Pad printing equipment, inkjet printers, and screen machines are supplied.
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| domain | founded_year | HQ Location |
Manufactures printing machinery and supplies solutions for packaging industries worldwide.
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| domain | founded_year | HQ Location |
Packaging machinery for printing industries is manufactured and distributed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Velox
Frequently Asked Questions about Velox
When was Velox founded?
Velox was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is Velox located?
Velox is headquartered in Rosh Haayin, Israel. It is registered at Rosh Haayin, Central District, Israel.
Is Velox a funded company?
Velox is a funded company, having raised a total of $70M across 3 funding rounds to date.
What does Velox do?
Velox Ltd. is focused on the development and manufacturing of industrial-grade direct-to-shape digital decoration solutions for the rigid container industry. Innovative technologies such as DTS-Inkjet are utilized to provide advanced printing capabilities. The company serves various market segments by offering solutions like the IDS Series for mass production. Professional services are also provided to support operational agility and brand engagement.
Who are the top competitors of Velox?
Velox's top competitors include Landa Digital Printing, Inkcups and Manroland Sheetfed.
What products or services does Velox offer?
Velox offers DTS-Inkjet Technology and IDS Series.
Who are Velox's investors?
Velox has 11 investors. Key investors include Evonik, Migdal Group, ALTANA, O.R.T. Technologies, and Fortissimo Capital.