Ghost

What Ghost does

Ghost GmbH is a Düsseldorf-based printing technology company that develops and sells white, neon, and sublimation toner cartridges plus compatible printer systems that enable white printing on dark, colored, and transparent media. The company manufactures its white toner almost exclusively in Germany with DIN & ISO certification and offers a 3-year warranty across its toner line. Its product portfolio spans entry-level A4 printer bundles (Little Ghost series), a professional A3 printer (Ghost Pro, based on the Xerox VersaLink C8000W with CMYW single-pass output), specialty toners (Neon, Sublime), transfer media (Laser-Dark No-Cut, DECAL, Flex Soft variants), heat presses, maintenance consumables, and RIP software (Absolute White RIP Ghost Edition). Technology is centered on proprietary white toner formulations that replace standard black cartridges in compatible HP, Canon, Lexmark, and Samsung laser printers, paired with a transfer foil workflow (A-Foil and B-Paper) that moves prints onto textiles, mugs, and hard surfaces.

Ghost operates as a bootstrapped, founder-led private company managed by General Managers Samir Bentalla and David M. Kandelhardt, with 1–10 employees and no disclosed external funding. Revenue is generated through direct-to-consumer e-commerce at ghost-white-toner.com, shipping worldwide in EUR, USD, GBP, and CHF with PayPal, Amazon Payments, Stripe, and Klarna as payment options; a distribution partnership with iColor and UniNet extends reach through third-party hardware. The customer base is fragmented across creative professionals, agencies, copy and print shops, fashion designers, event planners, restaurants, model builders, and store owners, all of whom buy a mix of one-time hardware and recurring toner and transfer-media consumables. Marketing is content-led, relying on YouTube tutorials, blog content, multi-platform social media, and a Toner Finder tool to convert search-intent traffic on niche white-printing queries.

Name

Ghost

Legal name

Ghost GmbH

Website

https://ghost-white-toner.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Ghost GmbH is a Düsseldorf-based manufacturer and D2C retailer of white, neon, and sublimation toner cartridges plus compatible laser printers, enabling white printing on dark and colored media for SMBs, creative professionals, agencies, and print shops worldwide.

Ownership category

akta.pro rank

Product category

White Toner Printing Equipment

NAICS

Printing Ink Manufacturing (32591)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Printing Trades Machinery & Equipment (3555)

akta.pro primary industry

Digital & Specialty Inks (Inkjet, UV, Conductive) (IMAEAHAI)

akta.pro secondary industry

Laser Printers (HDACAEAB)

Keywords

• White toner printing
• Toner transfer systems
• Sublimation printing supplies
• Laser printer consumables
• Heat press equipment

Headquarters

HQ city

Düsseldorf

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Hardware Sales: Sale of complete printer systems including the Ghost Pro (professional A3 white toner printer) and heat press equipment. Hardware is sold as one-time purchases with various bundle configurations.
2. Toner and Consumables: Sale of white, color, sublime, and neon toner cartridges along with drums, waste cartridges, and transfer belt cleaners. Consumables are recurring purchases as toners are consumed during printing.
3. Transfer Media and Accessories: Sale of transfer foils (A-Foil, Decal, Flex Soft), transfer paper (Multitrans), heat presses, heat tape, silicone mats, and other printing accessories. One-time and recurring accessory purchases.
4. Software (RIP): Sale of RIP (Raster Image Processor) software including Absolute White RIP Ghost Edition for print job management and workflow optimization.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Ghost GmbH sells proprietary white, neon and sublime (sublimation) toner cartridges compatible with HP, Canon, Lexmark, Samsung and Xerox laser printers, along with branded printer bundles (Ghost Pro, Little Ghost series, Neon Ghost, Sublime Ghost) and a complete transfer-printing ecosystem of A-Foils, B-Paper, heat presses, accessories and Absolute White RIP software. Customers use these to print white and specialty colors on dark, colored and transparent media — paper, textiles, mugs and hard surfaces — without screen printing or specialized white-ink presses. Production of the toners takes place almost exclusively in Germany, with DIN & ISO certification and a 3-year warranty backing the consumables.

Product overview

Ghost is a white toner printing technology company offering a comprehensive product ecosystem centered on white toner printing for dark and colored media. The portfolio includes three main product lines: (1) Printer bundles based on Xerox technology (Ghost Pro for A3 professional use, Little Ghost series for A4 entry-to-premium levels, Neon Ghost for fluorescent printing, Sublime Ghost for sublimation), (2) Specialty toners including White Toner cartridges for HP/Canon/Lexmark/Samsung printers, Neon Toner for glow effects, and Sublime Toner for sublimation transfer, and (3) Transfer solutions including transfer foils (Laser-Dark No-Cut, DECAL, Flex Soft COLOR/Metallic/Neon), heat presses, and accessories (Heat Tape, Silicone Mat, Sticky Lint Roller). The Ghost Pro Toner-Set C8000W provides complete CMYW toner for Xerox VersaLink C8000W/C9000 printers. Supporting products include RIP software (Absolute White RIP Ghost Edition), transfer media (Multitrans A4), paper supplies (Ghost Banner Paper Black), and maintenance consumables (Waste Cartridge, Transfer Belt Cleaner, Transfer Roller, Universal Drum). The ecosystem enables users to print white on colored paper, create textile transfers for T-shirts/mugs, and produce neon effects for nightlife/hospitality applications.

Differentiator

Problem solved

Functional benefit

Brands

• Ghost Pro: Professional A3 white toner printer based on Xerox VersaLink C8000W for creative printing on dark media
• Little Ghost
• Sublime Ghost
• Neon Ghost

Products and services

• Ghost Pro A3 Printer Professional A3 white toner laser printer for creative white and color printing on dark and colored media, based on Xerox VersaLink C8000W.
• Little Ghost Printer Bundle Entry-level white toner printer bundle for white printing on dark media up to A4/Letter size, including a white toner cartridge and RIP software.
• Neon Ghost Printer Bundle White toner printer bundle including Neon Toner for fluorescent black-light printing.
• Sublime Ghost Printer Bundle White toner printer bundle with Sublime Toner for sublimation printing on polyester textiles and blanks.
• iColor 560 White Toner Transfer Printer Professional white toner transfer printer (iColor 560) distributed by Ghost for transfer printing on colored, black and transparent media.
• iColor 650 Digital Color + White Toner Transfer Printer Advanced digital color and white toner transfer printer (iColor 650) for professional transfer printing.
• Ghost White Toner Cartridges Proprietary white toner cartridges compatible with HP, Canon, Lexmark and Samsung laser printers, enabling white prints on dark, colored and transparent media; DIN & ISO certified with 3-year warranty.
• Ghost Pro Toner-Set C8000W Complete CMYW (Cyan, Magenta, Yellow, White) toner set for the Ghost Pro / Xerox VersaLink C8000W and C9000 printers.
• Neon Toner Specialty fluorescent (neon) toner for laser printers that produces bright colors glowing under black light; targeted at bars, clubs and restaurants.
• Sublime Toner (Sublimation Toner) Sublimation toner for laser printers enabling printing on polyester textiles and sublimation-friendly blanks without transfer papers.
• Master Clam Pro Heat Press 40 x 50 cm Professional heat press (40x50 cm heat plate) used together with Ghost transfer foils to fix toner prints onto textiles, mugs and other substrates.
• Premium Heat Press LTS 150 Slide Semi-automatic slide heat press for high-volume toner transfer onto apparel, accessories and sublimation blanks.
• Laser-Dark (No-Cut) A-Foil + B-Paper Pro A4 Combi-Pack A-Foil and B-Paper transfer system for applying white and color toner prints to textiles and other materials without cutting, in A4 format.
• Multitrans A4 Transfer Paper A4 transfer paper for transferring white and color toner designs to hard surfaces such as mugs, glasses and aluminum.
• DECAL Foil with Blue Background DECAL transfer foil (blue backing) for transferring toner prints onto smooth or rough surfaces, designed for model making up to A4/A3.
• Absolute White RIP — Ghost Edition Software Raster Image Processor (RIP) software for managing and optimizing Ghost white and color print jobs on Ghost-compatible printers; sold as a one-time license.

Quantifiable outcome

• Over 7,000 sheets per large white toner cartridge
• +2 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Partnerships

One partnership is on record.

• iColor / UniNetcoreTechnology or IntegrationGhost White Toner partners with iColor and UniNet to offer white toner printing solutions. Ghost distributes iColor and UniNet white toner printers and integrates them with their transfer foils and technology stack, enabling printing on colored, black, and transparent paper with white toner capabilities.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Mimaki: Mimaki is a leading manufacturer of sublimation, textile, and transfer-printing printers (TS100, TS300, TxF series) and inks for apparel, soft signage, and merchandise. Mimaki's textile and sublimation systems compete with Ghost's Sublime Toner workflow in the apparel/personalization use case.
• Roland DGA: Roland DGA sells VersaSTUDIO BN-series sublimation and print/cut devices plus a wide range of textile and transfer-printing solutions for small businesses. Roland competes with Ghost's Sublime and transfer-foil workflows in personalized merchandise, apparel, and signage.
• Sawgrass Technologies: Sawgrass is the dominant specialty supplier of sublimation printers and inks (SG500, SG1000, Virtuoso systems) for personalization and apparel printing. Sawgrass directly competes with Ghost's Sublime Toner / Sublime Ghost line in the sublimation-on-polyester category for small business and craft users.
• OKI: OKI's Pro8432WT and Pro1050+ are the most widely deployed white-toner laser printers on the market, competing head-on with Ghost's Little Ghost and Ghost Pro bundles. Both companies target the same white-on-dark and transfer-printing use cases, but OKI sells its own branded printers and toners through office/imaging channels.
• iColor / UniNet: iColor (by UniNet) is the originator of the white-toner transfer printer category and a direct Ghost partner/distributor. Both companies sell white-toner transfer printers and consumables for printing on dark, colored, and transparent media, with overlapping target customers in print shops, apparel decorators, and promotional-product businesses.

Broad incumbents

• Xerox: Xerox manufactures the VersaLink C8000W that Ghost Pro is built on, including the white-toner CMYW architecture (1200x2400 dpi, 45 ppm). Xerox is the underlying print-engine supplier for Ghost's flagship A3 product and a broad incumbent across office and production printing.
• HP: HP supplies the Color LaserJet M254, M452, M454, M651, and other office laser printers that Ghost's white-toner cartridges are designed to fit, and is also a broad incumbent in commercial and large-format printing. HP is simultaneously a critical supply-platform dependency for Ghost and a potential competitor if it ships its own white-toner SKUs.
• Epson: Epson's SureColor SC-F and SC-S series cover sublimation, DTG, and signage printing, while Epson also sells a broad line of consumer and office inkjet printers. Epson is a broad incumbent in the same small-business printing and personalization space that Ghost targets with Sublime and Neon toners.

Emerging players

• ColDesi / DTG Digital Solutions: ColDesi and its DTG Digital brand supply DTF (Direct-to-Film) printers, consumables, and training for apparel decoration, directly competing with Ghost's toner-transfer workflow for garment printing. Ghost's blog explicitly positions toner transfer against DTF, signaling a direct competitive overlap in small-shop apparel customization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ghostwhitetoner
• YouTubeyoutube.com/@Ghost-White-Toner/videos
• Facebookfacebook.com/ghostwhitetoner
• Instagraminstagram.com/ghostwhitetoner
• Pinterestpinterest.com/ghostwhitetoner
• TikToktiktok.com/@ghostwhitetoner
• LinkedInlinkedin.com/company/ghost-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ghost