Smartex - About the company
Smartex is a series A company based in Porto (Portugal), founded in 2018 by Gilberto Loureiro. It operates as a Developer of automated inspection systems for circular knitting textile machines. Smartex has raised $30.2M in funding from investors like Lightspeed Venture Partners, HAX and Build Collective. The company has 71 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like TrusTrace, Haelixa and Fairly Made.
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/
- Email ID
- *****@smartex.ai
- Phone Number
- +351 **********
Key Metrics
Founded Year
2018
Location
Porto, Portugal
Stage
Series A
Total Funding
$30.2M in 8 rounds
Latest Funding Round
Investors
Ranked
7th among 71 active competitors
Employee Count
80 as on Aug 31, 2026
Investment & Acquisitions
Sign up to download Smartex's company profile
Smartex's funding and investors
Smartex has raised a total funding of $30.2M over 8 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 | 5765989 | Series A | 8856411 | 3561350 | 7205504 | 3063464 |
2022 | 2379 | Series A | 6265 | 9425 | 6445 | |
Jan 31, 2022 | 9866047 | Grant (prize money) | 1848670 | 5598590 | 4016869 |
View details of Smartex's funding rounds and investors
Smartex's founders and board of directors
Founder? Claim ProfileThe founders of Smartex is Gilberto Loureiro. Gilberto Loureiro is the CEO of Smartex.
Here are the details of Smartex's key team members:
- 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 80 employees as of Aug 26. Here is Smartex's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Smartex's Competitors and alternates
Top competitors of Smartex include TrusTrace, Haelixa and Fairly Made. Here is the list of Top 10 competitors of Smartex, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a platform for supply chain traceability and compliance | $30M | 66/100 | ||
2nd | Haelixa 2015, Zurich (Switzerland), Acquired | Developing DNA-based tracers to monitor temperature, light, pH, and oxidants for the energy industry | $2.49M | 55/100 | |
3rd | Fairly Made 2018, Paris (France), Series A | Provider of supply chain traceability and impact measurement solutions for fashion brands | $21.2M | 55/100 | |
4th | TextileGenesis 2018, Hong Kong (China), Acquired | Provider of a platform for supply chain traceability in fashion | - | - | 54/100 |
5th | Security Matters 2018, Australia, Public | Offers blockchain-enabled supply chain track and trace solutions | $20M | 50/100 | |
6th | Provider of a platform for fashion and textile supply chain compliance | $26.8M | 50/100 | ||
7th | Developer of automated inspection systems for circular knitting textile machines | $30.2M | 49/100 | ||
8th | Cloud-based software solutions for fashion manufacturers | - | - | 46/100 | |
9th | Renoon 2018, Amsterdam (Netherlands), Seed | Online aggregating platform offering sustainable multi-category fashion products | $1M | 40/100 | |
10th | Cloud-based software suite solutions for fashion retailers | $470K | 40/100 |
Looking for more details on Smartex's competitors? Click here to see the top ones
Smartex's Investments and acquisitions
Smartex has acquired Tuvis. Smartex has not made any investments as of now.Reports related to Smartex
Here is the latest report on Smartex's sector:
News related to Smartex
•
Smartex, which aims to make the textile industry smarter, received an investment of $24.7 millionegirisim•Sep 06, 2023•Smartex, Lightspeed Venture Partners, build-collective.com, H&M Group and 6 others
•
•
Smartex sews $24.7 million to put smarter eyes on textile manufacturingFusoes & Aquisicoes•Nov 16, 2022•Smartex, Lightspeed Venture Partners, build-collective.com, H&M Group and 6 others
•
HAX’s Smartex raises $27M to catch defects and reduce waste in textile manufacturingSOSV•Nov 04, 2022•Smartex, Spider Capital, H&M Group, SOSV and 4 others
•
Smartex sews up $24.7M to put smarter eyes on textile manufacturingTechCrunch+•Nov 03, 2022•Smartex, Lightspeed Venture Partners
•
•
Smartex Announced The Launch Of Smartex-V1, An Advanced Camera Vision System For Circular Knitting MachinesTextile Industries Media Group•Nov 19, 2020•Smartex
Are you a Founder ?
FAQs about Smartex
Explore our recently published companies
- Nic Beddoe Insurance - Truckee based, Unfunded company
- Jerry Tench Insurance - San Francisco based, Unfunded company
- Cesar Carrillo Insurance - Island Lake based, Unfunded company
- Clinton Raines - Atlanta based, Unfunded company
- Brian Himmelman State Farm - Conifer based, Unfunded company
- Curt Sumpter State Farm - Silver Spring based, Unfunded company
