INX International launches $50M venture capital fund
INX International Ink Co., a wholly-owned subsidiary of SAKATA INX, announced 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. INX Venture Capital will be a $50M 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,” said Shane Bertsch, vice president 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.”