Altana and existing investor Evonik both contributed to a round for the printing technology developer that was co-led by ORT Technologies.

Israel-based digital printing technology developer Velox has closed a $32m funding round co-led by vehicle refuelling and retail technology producer ORT Technologies and venture capital firm JAL Ventures.

Chemical producers Altana and Evonik also participated, along with investment holding company Michael Ilan Management & Investments and unnamed private investors.

Velox has developed printing technology which allows decorations to be printed onto metal, plastic or glass industrial packaging projects. It plans to use the new funds to bring its products into…