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Stock impact report

Velox Secures $38 Million in Funding Led by Fortissimo Capital [Yahoo! Finance]

Kornit Digital Ltd. - Ordinary Shares (KRNT) 
Last kornit digital ltd. - ordinary shares earnings: 2/11 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.kornit.com
Company Research Source: Yahoo! Finance
KFAR SABA, Israel April 2, 2024 /PRNewswire/ -- Velox Ltd. , an innovative developer, manufacturer and seller of industrial direct-to-shape digital decoration solutions for the rigid packaging containers market, today announced it has secured a funding round of $38 Million . The investment was led by Fortissimo Capital with participation from existing investors, JAL Ventures, O.R.T. Technologies, Ilan Holdings, Evonik, Waypoint Investors and Migdal Insurance & Finance. "As long-term investors in various digital printing companies such as Kornit Digital, Nur Macroprinters, Diptech and Tritone Technologies, we recognize Velox's revolutionary technology that we believe will significantly impact the beverage packaging decoration market," stated Yuval Cohen , Founding and Managing Partner of Fortissimo Capital. "We have been following Velox's progress and decided that now is the right time to take a significant stake as we ramp-up production of Velox's reliable, state-of-the-art digital Show less Read more
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