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INX International Launches Venture Capital Fund

The $50 million investment program will focus on digital printing, business and manufacturing automation, and services for brand owners

INX
(Image courtesy INX International Ink)

INX International Ink Co., a wholly-owned subsidiary of SAKATA INX, announces it is establishing INX Venture Capital to make minority investments in technology and materials science startups with strategic relevance to the printing inks and coatings value chain.

According to the company, INX Venture Capital will be a $50 million investment program and will focus on categories like sustainability and circular economy solutions, digital printing, business and manufacturing automation, and services for brand owners.

“Our corporate venture capital program represents an expansion of INX’s innovation toolkit, furthering our mission of leading the printing inks and coatings industry in delivering safe and sustainable solutions that enhance the customer experience,” says Shane Bertsch, VP of strategic planning and innovation. “We’re eager to marry our focus of creating value for customers, brands, and consumers with our curiosity for new technologies and business models.”

According to the company, INX Venture Capital is stage agnostic, with an emphasis on early-stage startups that have demonstrated “product market-fit” and have begun to generate revenue. The fund will also pursue select seed and growth-stage opportunities.

Scott Lenet, Touchdown co-founder and president, notes, “We are enthusiastic about the capital investment, industry expertise, and operational excellence that INX can bring to its portfolio companies. We believe INX Venture Capital will be an ideal partner for entrepreneurs and venture investors seeking to launch and scale innovative new technologies that are applicable to printing inks and coatings.”

The fund is jointly run with Touchdown Ventures, a provider of corporate venture capital managed services.

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Marie Fennema

Marie Fennema is the editor of the GRAPHICS PRO Daily, covering news and guidance in apparel decoration, awards and engraving, and sign and digital printing.

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