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Landa Digital Printing Raised $300 million. German PE fund Sikon to Lead the Round

The deal values the Israeli start-up at $1.8 billion

Israeli company Landa Digital Printing announced today that it has closed a $300 million financing round led by private investment group SKion GmbH and with the participation of previous investor Altana. Both German chemicals group Altana and SKion are owned by Susanne Klatten, Germany's wealthiest woman.

The company, founded by printing pioneer Benny Landa, has developed a digital technology called Nanography for the commercial, packaging and publishing markets.

Nanography bridges the critical profitability gap between offset and digital printing by enabling printers to cost-effectively produce short-to-medium run lengths.

The proceeds from this large financing round will be used to expand the company's infrastructure and manufacturing capabilities and for market R&D.

Landa Digital Printing already raised $400 million from Benny Landa himself and from Altana. Landa holds 54% in the company, Altana has a 33.3% and SKion 12.7%.

#Fundraising #Israel #Startup


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