Tue, Nov

Scodix IPO to aid expansion

Print enhancement solutions developer Scodix has been listed on the Tel Aviv Stock Exchange. The company raised approximately NIS 62m ($19 million) in the IPO.

Eli Grinberg, CEO, and founder of Scodix, said of the move: “Scodix has identified significant demand for enhanced printing solutions in the packaging and Web-2-Print markets and aims to increase its foothold. In recent months, we have worked with leading global packaging manufacturers and recognize the growing interest in our solutions. At the same time, we continue to serve the commercial print market.”

To date, Scodix has registered 41 patents and is in the process of filing 3 patent applications worldwide

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