YAVNE, ISRAEL—  Highcon sales for the half-year to June slumped by 63% to $3.4m, and the business made an operating loss . Highcon specializes in digital cutting and creasing systems post-press operations in folding cartons, corrugated and point-of-sale. The financing package involves an investment from its three main shareholders: Landa Ventures, Jerusalem Venture Partners and LR Group. In addition, Highcon’s strategic manufacturing partner Hameshavev has also taken a stake in the business.Details are to be finalised next month, but Highcon said the fundraising would be at least $2.5 million. BHS Corrugated will see Highcon’s equipment incorporated into the group’s Box Plant 2025 vision, and BHS will support Highcon with customer leads. With two new orders for the Beam 2C, the total injection will be around $10 million . Highcon had sales of $16.9m last year, and made an operating loss of $23.3m. It plans to preview its next-generation device at Drupa 2024, with commercial availability in 2025.