INX International Ink Co., a wholly-owned subsidiary of Sakata INX, 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 $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.
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. Typical checks will range from $1 million to $3 million initially, with reserves for follow-up investments. INX Venture Capital will have a global investment mandate, with an emphasis on opportunities in its core markets of North America, Europe, and South America, in concert with Sakata INX’s worldwide innovation efforts.
The fund is jointly run with Touchdown Ventures, a provider of corporate venture capital managed services.