logo
logo
  • About
    • About Bespoke
    • Vision
    • Diversity, Equality & Inclusion
    • Meet The Team
  • Services
  • Careers
    • Values
    • Benefits
    • Vacancies
    • Team Building
  • Press Room
  • Contact
  • About
    • About Bespoke
    • Vision
    • Diversity, Equality & Inclusion
    • Meet The Team
  • Services
  • Careers
    • Values
    • Benefits
    • Vacancies
    • Team Building
  • Press Room
  • Contact

03 March 2022
    Available Languages:
  • English

Highcon raises more than $18M to accelerate the Digital Manufacturing transformation for Paperboard Packaging and Display

Yavne, March 3, 2022: Highcon Systems Ltd. yesterday filed a report with the Tel Aviv Stock Exchange announcing the fund raising of $18.5M by means of a private share placement.  Two of Israel’s largest insurance companies led the investment round and increased their stake in the company further to the company’s flotation on the Tel Aviv Stock Exchange in November 2020.  This latest investment further strengthens the company’s already healthy balance sheet.

“Highcon has great momentum at the moment, and the capital we are raising today will allow us to continue accelerating and executing our aggressive business plan” said Shlomo Nimrodi, Highcon’s CEO.  “We laid the foundations for long term growth in 2021 and are looking to roughly double our revenues in 2022.  I’d like to thank the investors for participating and for their vote of confidence in Highcon.  We’ll do everything possible to unlock the huge opportunity that awaits us in the packaging market.”

Early this year the company released an unaudited forecast for its 2021 revenues that showed year-over-year growth of around 70% to $14.3M.  At the same time, it forecasted that 2022 revenues would be in the range of $25-30M.  The company expected that its recurring revenues from consumables and service also grew by 70% year-over-year.  Highcon reported an estimate of 2021 year end cash balances of $23.7M.


  • Highcon raises more than $18M to accelerate the Digital Manufacturing transformation for Paperboard Packaging and Display.
    Click here to download 300dpi images

PRESS ROOM

    SEARCH BY

  • CLIENT
    Select CLIENT
    • Adobe
    • 5 FIFTEEN
    • ACTEGA
    • ACTEGA METAL PRINT
    • BALDWIN TECHNOLOGY
    • ACTGreen
    • BALDWIN VISION SYSTEMS
    • BCN3D
    • BESPOKE
    • CONTIWEB
    • Girls Who Print
    • CRON
    • DIGITAL DOT
    • DSCOOP
    • FRONTLINE
    • GALLUS
    • GOSS
    • HIGHCON
    • HP
    • INGENTA
    • J-TECK3
    • KIIAN
    • MIMAKI
    • PRESSTEK
    • PURE DIGITAL
    • QUADTECH
    • ROTOLITO LOMBARDA
    • SAi
    • SCODIX
    • SCREEN
    • SOLIMAR
    • TONEJET
    • URW TYPE FOUNDRY
  • OR
  • COUNTRY
    Select COUNTRY
    • Australia
    • Belgium
    • Brazil
    • Canada
    • China
    • Czech Republic
    • Europe
    • France
    • Germany
    • Greece
    • India
    • Israel
    • Italy
    • Japan
    • Mexico
    • Netherlands
    • Poland
    • Russia
    • South Africa
    • Spain
    • Thailand
    • Turkey
    • United Kingdom
    • USA
    • Worldwide
  • OR
  • SUBJECT
    Select SUBJECT
    • 3D Modelling
    • 3D Printing
    • Appointment
    • Auto
    • B1 Format
    • B2 Format
    • Book Printing
    • Coating
    • Colour Management
    • Controls
    • Corporate
    • Creasing
    • CTP
    • Cutting
    • Digital Print
    • Disruptive Technology
    • drupa
    • Emerging Technologies
    • FESPA
    • Finishing
    • Flexo
    • Foiling
    • Folding carton
    • Ink
    • Inkjet
    • Labelling
    • Large Format
    • Latex
    • Nano
    • Offset
    • Offset Presses
    • Packaging
    • Paper
    • Plates
    • Robotics
    • Scitex
    • Sign
    • Software
    • Sustainability
    • Textiles
    • Web-to-pack
    • Workflow
  • OR

PEOPLE SAY...

“Bespoke’s ability to blend finely-tuned PR acumen with established industry knowledge and strong and productive media relationships offers an all-round competency unmatched by other agencies. Their strategic consultancy has proved to be of significant benefit and I wouldn’t hesitate to recommend them to any company seeking to raise its profile within the graphic arts sphere, or the emerging technologies sector.”

FRAZER CHESTERMAN, DIRECTOR, FM BROOKS

Privacy Policy | Terms & Conditions
©The Bespoke Group 2016 | Design by Beanwave