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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.
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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
Ranked
Employee Count
80 as on Aug 31, 2026
Investment & Acquisitions
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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:lockFilter 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
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Smartex's founders and board of directors

Founder? Claim Profile
The founders of Smartex is Gilberto Loureiro. Gilberto Loureiro is the CEO of Smartex.
Here are the details of Smartex's key team members:

Smartex's employee count trend

Smartex has 80 employees as of Aug 26. Here is Smartex's employee count trend over the years:
Employee count trend for Smartex
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TrusTrace
TrusTrace
2016, Stockholm (Sweden), Series B
Provider of a platform for supply chain traceability and compliance
$30M
66/100
2nd
Logo for Haelixa
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
Logo for Fairly Made
Fairly Made
2018, Paris (France), Series A
Provider of supply chain traceability and impact measurement solutions for fashion brands
$21.2M
55/100
4th
Logo for TextileGenesis
TextileGenesis
2018, Hong Kong (China), Acquired
Provider of a platform for supply chain traceability in fashion
-
-
54/100
5th
Offers blockchain-enabled supply chain track and trace solutions
$20M
50/100
6th
Logo for Retraced
Retraced
2019, Dusseldorf (Germany), Series A
Provider of a platform for fashion and textile supply chain compliance
$26.8M
50/100
7th
Logo for Smartex
Smartex
2018, Porto (Portugal), Series A
Developer of automated inspection systems for circular knitting textile machines
$30.2M
49/100
8th
Logo for STITCH
STITCH
2019, Vancouver (Canada), Unfunded
Cloud-based software solutions for fashion manufacturers
-
-
46/100
9th
Logo for Renoon
Renoon
2018, Amsterdam (Netherlands), Seed
Online aggregating platform offering sustainable multi-category fashion products
$1M
40/100
10th
Logo for VastraApp
VastraApp
2018, Ahmedabad (India), Seed
Cloud-based software suite solutions for fashion retailers
$470K
40/100
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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

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