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.


Our goal is to combine the best of both worlds:

Disruptive technology and entrepreneurial thinking
Operational excellence at a global scale.


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

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

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

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

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

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


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

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

Pragmatic logo

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

Wiliot logo

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

Roadrunner logo

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

Gauzy logo

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

Our Portfolio in the News

Feb 22, 2022

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

Feb 8, 2022

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

Jan 17, 2022

Wiliot Launches Its “Open Release” Starter Kit

Jan 7, 2022

RoadRunner Raises $70 Million Series D to Fund National Expansion and Accelerate the Sustainability Solutions

Contact our Team

Portrait of Tom Kluz
Tom Kluz

Director of Ventures

Portrait of Lemuel Lim
Lemuel Lim

Venture Associate

Portrait of Melissa Tse
Melissa Tse

Touchdown Ventures

Portrait of Will Geiger
Will Geiger

Managing Director,
Touchdown Ventures

Portrait of Harout Nazerian
Harout Nazerian

Senior Associate,
Touchdown Ventures

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