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Enterprise Applications Series A Founded 2018

Smartex

Smartex develops automated inspection systems for circular knitting textile machines, providing real-time fabric defect detection and quality control for modern textile factories. The company addresses challenges including manual fabric inspection, lack of digitalization, and insufficient traceability in textile manufacturing. Its AI-powered computer vision technology monitors fabric production in real time,…

📍 Porto, Portugal · Manufacturing Tech,

Funding snapshot

Last roundSeries A
Amount$25M
Date3 November 2022
Total raised$30M
Team size85

About

Smartex develops automated inspection systems for circular knitting textile machines, providing real-time fabric defect detection and quality control for modern textile factories. The company addresses challenges including manual fabric inspection, lack of digitalization, and insufficient traceability in textile manufacturing. Its AI-powered computer vision technology monitors fabric production in real time, identifying defects as they occur to reduce waste, increase productivity, and enhance sustainability. The system integrates with existing knitting machinery to deliver continuous quality assurance without interrupting production. By elevating quality standards and boosting operational efficiency, Smartex transforms traditional textile manufacturing into a data-driven, digitally connected process. Founded in 2018 and headquartered in Porto, Portugal, the company has raised approximately $30.2M in Series A funding from investors including HAX, SOSV, DCVC, Lightspeed Venture Partners, Kering, PVH Corp, H&M Group Ventures, E EIC Fund.

Business model

Manufacturing Tech > Manufacturing Execution System > Suite > Apparel,

Professional Service Robots > Textile,

Fashion Tech > Technology Enablers > Operations Management > Supply Chain Management > Product Traceability

Institutional investors

HAX Europa EIC Fund DCVC Spider Capital Build Collective Lightspeed Venture Partners Momenta Bombyx Fashion For Good Faber EX Capital Kering PVH Corp Pangaia

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