Smartex
PrivateLast Round
Series A
Nov 3, 2022
Total Funding Raised
$28.43M
Momentum Score
25 /100
Company Overview
Smartex is a technology company that develops hardware-enabled, machine-vision-driven software to address inefficiencies and waste in the textile industry. Its core products use artificial intelligence, high-resolution cameras, and sensors retrofitted onto existing textile machinery to detect defects in fabric in real-time. This automated inspection process allows for production to be halted immediately when flaws are found, significantly reducing textile waste, CO2 emissions, and the consumption of water and energy. The company offers a suite of tools, including Smartex CORE for automated quality control, Smartex FACT for digital factory management, and Smartex LOOP for fabric-roll level traceability, which together create a more transparent and sustainable supply chain. Founded in 2018, the company has received significant venture capital funding and serves textile manufacturers across Europe, Asia, South America, and Africa.
Sector
Frontier & Industrial Tech
Verticals
Smart Manufacturing, Quality Management, Supply Chain Tracking, Computer Vision
Business Model
B2B
Customer Profile
Hardware + Subscription, Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Smartex Comps
Public and private peers based on sector, stage, and business model.
Smartex Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Nov 3, 2022 | ||||
| Seed | Aug 18, 2020 | ||||
| Grant | Feb 1, 2020 |
Key People
Founding team and executive leadership
Smartex Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| European Innovation Council | Grant |
| Bombyx | Series A |
| Fashion for Good | Series A |
| EX Capital | Series A |
| Bombyx Capital Partners | Series A |
| Spider Capital | Series A, Seed |
| Build Collective | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 18, 2025
Added C.A. Kennedy Inc. from the Textiles industry.
Smartex Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Smartex's valuation, stock price, and market status.
