When was Smartex founded?

Smartex was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Smartex located?

Smartex is headquartered in Porto, Portugal.

Who is the current CEO of Smartex?

Gilberto Loureiro of Smartex. They have also founded 1 company.

How many employees does Smartex have?

As of Feb 28, 2026, the latest employee count at Smartex is 87.

Is Smartex a funded company?

Smartex is a funded company, having raised a total of $30.2M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2018.

When was the latest funding round of Smartex?

Smartex's latest funding was a $***** Series A round on Nov 03, 2022, with participation from 16 investors.

Where does Smartex rank among its competitors?

Smartex ranks 6th amongst 43 active competitors, of which 11 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Haelixa, which secured $2.37M in Feb, 2026.

Who are the top competitors of Smartex?

Smartex's top competitors include TrusTrace, Fairly Made and Haelixa. Among them, Haelixa secured the most recent funding round in February, 2026.

Smartex - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of automated inspection systems for circular knitting textile machines. The company provides tools for modern textile factories, offering solutions for manual fabric inspection, lack of digitalization, and insufficient traceability. It focuses on enhancing factory operations by elevating quality, increasing productivity, and boosting sustainability. The company builds systems to transform textiles and empower factories.

Website: www.smartex.ai/
Social
Email ID: *****@smartex.ai
Phone Number: +351 **********

Key Metrics

Founded Year

2018

Location

Porto, Portugal

Stage

Series A

Total Funding

$30.2M in 7 rounds

Latest Funding Round

Series A, Nov 03, 2022, $*****

Investors

Lightspeed Venture Partners & 19 more

Ranked

6^th among 43 active competitors

Employee Count

87 as on Feb 28, 2026

Investment & Acquisitions

Tuvis

Similar Companies

TrusTrace & 411 more

View Smartex's full profile

Smartex has raised a total funding of $30.2M over 7 rounds. Its first funding round was on 2018. Its latest funding round was a Series A round on Nov 03, 2022 for $*****. 16 investors participated in its latest round. Smartex has 19 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Smartex:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 03, 2022	2260424	Series A	1163707	8184327	4335687	1758112
Jan 31, 2022	9025929	Grant (prize money)	7124680	8629815	4636202	EIC Fund
Aug 11, 2020	4051504	Grant (prize money)	9420974	6899838	9629557	EIC Fund

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View details of Smartex's funding rounds and investors

The founders of Smartex are Paulo Ribeiro and Gilberto Loureiro. Gilberto Loureiro is the CEO of Smartex.

Here are the details of Smartex's key team members:

Paulo Ribeiro: Co-Founder & VP of Software Engineering of Smartex.
Contact Info: 1 email address
Gilberto Loureiro: Co-Founder & CEO of Smartex.
Contact Info: 2 email addresses

View details of Smartex's Founder profiles and Board Members

Smartex's employee count trend

Smartex has 87 employees as of Feb 26. Here is Smartex's employee count trend over the years:

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Top competitors of Smartex include TrusTrace, Fairly Made and Haelixa. Here is the list of Top 10 competitors of Smartex, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TrusTrace 2016, Stockholm (Sweden), Series B	Provider of a platform for supply chain traceability and compliance	$30M	Industrifonden, Circularity Capital & 5 others	67/100
2nd	Fairly Made 2018, Paris (France), Series A	Provider of supply chain traceability and impact measurement solutions for fashion brands	$21.2M	ETF Partners, BNP Paribas & 3 others	55/100
3rd	Haelixa 2015, Zurich (Switzerland), Acquired	Developing DNA-based tracers to monitor temperature, light, pH, and oxidants for the energy industry	$2.49M	Verve Ventures, Zurcher Kantonalbank & 3 others	54/100
4th	TextileGenesis 2018, Hong Kong (China), Acquired	Provider of a platform for supply chain traceability in fashion	-	-	53/100
5th	Retraced 2019, Dusseldorf (Germany), Series A	Provider of a platform for fashion and textile supply chain compliance	$26.8M	NRW.Bank, Samaipata & 15 others	50/100
6th	Smartex 2018, Porto (Portugal), Series A	Developer of automated inspection systems for circular knitting textile machines	$30.2M	Spider Capital, Shilling & 18 others	50/100
7th	Security Matters 2018, Australia, Public	Offers blockchain-enabled supply chain track and trace solutions	$20M	Jade Ventures, Double18	49/100
8th	Renoon 2018, Amsterdam (Netherlands), Seed	Online aggregating platform offering sustainable multi-category fashion products	$1M	500 Global	40/100
9th	VastraApp 2018, Ahmedabad (India), Seed	Cloud-based software suite solutions for fashion retailers	$470K	LetsVenture, Amara Learning Spaces & 25 others	40/100
10th	Temera 2009, Scarperia e San Piero (Italy), Acquired	Provider of IoT solutions for the fashion, luxury, and retail industries	-	-	37/100