Avery Dennison Corporate
Venture Capital Program

Our corporate venture capital program invests and commercially partners with emerging technology and materials science companies. The program is designed to support entrepreneurs working on innovative, disruptive technologies, which will support our business strategies, providing value to our customers and strategic partners.

We can partner with entrepreneurs in many ways, including minority equity investments, joint development agreements, non-recurring engineering projects, reseller relationships, and other forms of strategic technical and commercial partnerships.

Our goal is to combine the best of both worlds: disruptive technology and entrepreneurial thinking with operational excellence at a global scale.


Our Focus


Connected Items

Enables a broad set of use cases from inventory management to consumer engagement

Sustainability and
Waste Management

Sources more sustainable materials, supports innovative recycling solutions, and enhances product life cycles

Personalized Customer Experience

Helps brands provide personalization, customization, and more engaging product offerings for customers

Advanced Materials

Expands our portfolio of label, film, coating, and other functional materials while developing our industry capabilities and relationships


Enables data acquisition, management, analytics, and monetization across complex global value chains



Industry 4.0

Improves automation and efficiency of industrial manufacturing and global supply chains, including next generation IoT platforms





Early and growth stage companies (Series A-C) that have demonstrated initial product/market fit


Our Portfolio

Coros is a computer vision-based supply chain visibility platform for fulfillment. coros.net

Gauzy produces liquid crystal glass switchable window film technology for dynamic display and content projection in retail, automotive, and other applications. gauzy.com

PragmatIC manufactures ultra-thin, low-cost, flexible integrated circuits that enable everyday smart objects. pragmatic.tech

RoadRunner creates and manages end-to-end waste and recycling solutions for businesses large and small. roadrunnerwm.com

Wiliot is a fabless semiconductor company that designs battery-free Bluetooth tags for intelligent packaging, connected products, and logistics applications. wiliot.com

Wrapify provides an app-based platform that enables brands to deliver out-of-home advertisements on consumer vehicles. wrapify.com

Our Portfolio in the News

February 22, 2022
Imec, KU Leuven and PragmatIC Semiconductor demonstrate fastest 8-bit flexible microprocessor for low-power applications

February 8, 2022
Gauzy, World Leading Material Science Company, Raises $60M and Acquires Vision Systems

January 17, 2022 
Wiliot Launches Its “Open Release” Starter Kit

January 7, 2022
RoadRunner Raises $70 Million Series D to Fund National Expansion and Accelerate the Sustainability Solutions of Tomorrow


Our Team

melissa tse

Melissa Tse
Head of Avery Dennison Ventures

Lemuel Lim

Lemuel Lim
Venture Associate

Will Geiger

Will Geiger
Touchdown Ventures

cvc partner

Touchdown Ventures
Our CVC Partner


Contact Us