Highcon Systems

Digital Cutting and Creasing Solution

Industrial Technologies
Non Active, May 2025 ceased to operate
Public Yavne Founded 2009
LinkedIn
Total raised
$158.3M
Last: PIPE 2023-10
Stage
Public
Founded
2009
Headcount
92
HQ
Yavne
Sector
Industrial Technologies

About

Highcon Systems develops and sells digital cutting and creasing machines for the folding carton industry. Its machines are based on a proprietary technology called Digital Adhesive Rule Technology, which allows for the production of high-quality, complex packaging without the need for traditional dies. This makes it possible for customers to quickly and easily produce new designs, as well as to make changes to existing designs without having to incur the high costs associated with traditional die production.

The company's machines are used by brands including Coca-Cola, Unilever, and Procter & Gamble.

Funding history · 12 rounds · $158.3M total

2023-10
PIPE $2.5M
2022-12
PIPE $8.0M
2022-03
PIPE $18.6M
2020-06
Undisclosed $5.6M
2019-08
Undisclosed $21.0M
2018-08
Undisclosed $8.5M
2017-12
Undisclosed $1.6M
2017-03
Undisclosed $10.5M
2016-07
Undisclosed $7.0M
2016-04
Undisclosed $5.4M
2015-02
Undisclosed $20.0M
2014-01
Undisclosed $4.7M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is the current operational status of Highcon Systems?
Highcon Systems is currently inactive and ceased to operate in May 2025.
When did Highcon Systems conduct its Initial Public Offering (IPO) and on which exchange?
Highcon Systems completed its IPO in November 2020 on the TASE (Tel Aviv Stock Exchange) with a valuation of $165 million.
What was the total amount of funding raised by Highcon Systems?
Highcon Systems raised a total of $158,309,642 across various funding rounds. For a full financing history, please refer to startupim.
Which investors participated in Highcon Systems' PIPE round in October 2023?
In October 2023, Highcon Systems secured a PIPE investment from JVP, Landa Ventures, and Hamsehabev.
What significant partnership did Highcon Systems announce in October 2023?
In October 2023, Highcon Systems announced a strategic partnership with BHS Corrugated, which also included an equity investment and purchase orders for two Beam 2Cs systems.
What was the nature of the collaboration between Highcon Systems and Sealed Air Corporation (SEE) in December 2022?
In December 2022, Highcon Systems and Sealed Air Corporation (SEE) announced a strategic collaboration, which also involved a PIPE investment from SEE.
What was the reported status of Highcon Systems in March 2025?
In March 2025, it was reported that Highcon Systems was winding down operations and laying off most of its workforce, having lost 99.9% of its value since its flotation.
What was the purpose of the Memorandum of Understanding (MOU) signed by Highcon Systems in February 2024?
In February 2024, Highcon Systems signed an MOU with Kissel + Wolf Australia to expand its market presence in Australia and New Zealand (ANZ).

Sectors & technology

Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesManufacturing Processes & Systems
Technologies
Machinery & RoboticsIndustrial Robots
Target customers
Industrial ManufacturingDiscrete IndustriesPrintingPackaging & ContainersHybrid IndustriesPulp & PaperFood & BeveragesCommerce & RetailConsumer GoodsBeauty & CosmeticsConsumer ElectronicsDistribution ChannelsSupply ChaineCommerce PlatformsDirect-to-consumerFood Retail & ConsumptionWholesaleEnterprise & Professional ServicesMultimedia & Graphic Design
Business model
B2B

Highlights

1 Patents

Tags

additive-manufacturingpackaging-and-containerspaperboard-packagingprintingindustry-4-0supply-chainroboticsautomationdesigners