Avery Dennison Ventures

Driving innovation, accelerating growth

Avery Dennison Ventures invests in and collaborates with emerging companies to develop technologies that align with the strategic priorities of Avery Dennison.

Our platform integrates venture investment and startup acceleration to support the development, validation and scale of innovative solutions that deliver value not only to Avery Dennison but to our customers and key stakeholders.

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A connected approach to innovation

Avery Dennison Ventures combines corporate venture capital and startup acceleration in a single platform, enabling engagement with companies at different stages of development.

By pairing direct collaboration across Avery Dennison business units with a potential investment, we accelerate validation and enable the commercialization of new technologies.

We engage through a structured model that supports development, validation, and scale, with multiple entry points depending on company maturity and strategic fit.

Discover

We identify companies and technologies aligned with our strategic priorities.

Accelerate

Early-stage companies may engage through our AD Stretch accelerator program to refine solutions and explore potential applications.

Pilot

We collaborate with business units to validate solutions in operational environments.

Invest

We make strategic investments in companies that demonstrate strong alignment and long-term potential.

Scale

We support the commercialization of validated solutions across global markets.

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Strategic focus areas

We prioritize investments and collaboration aligned with our business strategy — focusing on areas where we can create meaningful, scalable impact.

Optimizing supply chain and labor efficiency

Supply chain transparency and efficiency

Reducing waste and mitigating loss

Food waste reduction

Label alternatives

Apparel

Advancing sustainability, circularity and transparency

Sustainable and advanced materials, coatings and adhesives

Energy storage

Helping brands and consumers better connect

Retail media / In-store digital media

Connected packaging

We invest in financing rounds for high-potential ventures, with initial check sizes ranging from $1M to $5M to support them as they scale and bring innovative solutions to market.

Geography

Global

Stage

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

Portfolio

Our portfolio reflects our commitment to working with companies and funds that are advancing technologies relevant to our industry and customers.

Addionics creates advanced 3D current collectors for the next generation of batteries.

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The Modern Milkman provides a direct-to-consumer last-mile grocery delivery service focused on reusable packaging.

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Circ has developed a chemical recycling technology to enable circularity of textiles.

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

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

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

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

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In a strategic move, Avery Dennison has partnered with Emerald Technology Ventures, becoming a Limited Partner (LP) in their Industrial Innovation Fund.

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AD Stretch™

AD Stretch, an Avery Dennison Ventures program, collaborates with startups to help them scale and achieve their goals. By connecting them with our global technical and commercial teams, we provide the expertise and resources needed for growth.

Evaluating the applicability of new technologies

Advancing solution development through real-world use cases

Establishing a foundation for potential long-term collaborations

Participating companies gain access to expertise, infrastructure, and opportunities to pilot their solutions within our global network.

Collaboration highlights

Over the past five years, our team has worked with over 50 startups through AD Stretch cohorts and other collaboration initiatives. Explore some of our partnership highlights below.