Artificial Intelligence | Machine Learning | Machine Perception Smartex | Reduce Production Cost


Computer Vision, Hardware, Industrial Automation, IoT, Industrial Automation, Production San Francisco, CA, United States

Smartex

Artificial Intelligence | Machine Learning | Machine Perception


Smartex | Reduce Production Cost

Smartex

Computer Vision, Hardware, Industrial Automation, IoT, Industrial Automation, Production


San Francisco, CA, United States

Smartex is focused on solving the main global problems in the Textile Industry: the lack of quality control, and the production of defects in textiles. The defective production affects not only the company's gross margins and the retails prices that we find in the clothing stores, but also the environment. Smartex reduces defective output to close to 0%, while at the same time providing quality control software, clearly outperforming the current product inspection mechanisms, mainly made by workers looking at textiles all day long. Who even does that?! Our team is focused on bringing the Industry 4.0 Revolution to the Textile Industry, providing cutting-edge technology to this US$3 trillion sector. We truly believe in continuous efficiency improvement by delivering cutting-edge technology to a so relevant sector.

 

B2C, B2B

26 to 50

Seed

N/A

Scaling Up

2018

 
 

Textiles
Industrial Machinery
Industrial Automation
Enterprise Software

N/A

Increase Efficiency
Reduce Operational Cost

 
 

Analytics
Production
IT and Security
Service

Yes

Active

 
 

   Machine Learning
   Machine Perception
   Natural Language Processing


N/A


Image

Image

Video

Video

Text

Text

Time Series

Time Series

 

   Software


N/A


N/A

 
 

9

1

$24.7M

Company was founded 2018 and it took almost 4 years (Nov 2022) to raise first external round

 
 

Date

Round

$ Raised

Investors

11/03/2022

Series A

$24.7M

Lightspeed Venture Partners, Build Collective, H&M Group, DCVC, HAX, Spider Capital, Momenta Ventures, Bombyx Capital Partners, Fashion for Good

Date : 11/03/2022

Round: Series A

$ Raised: $24.7M

Investors: Lightspeed Venture Partners, Build Collective, H&M Group, DCVC, HAX, Spider Capital, Momenta Ventures, Bombyx Capital Partners, Fashion for Good

 

Investors

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Gilberto Loureiro


Gilberto Loureiro
Co-Founder

Paulo Ribeiro


Paulo Ribeiro
Co-founder & VP

António Rocha


António Rocha
Co-Founder & CTO

 
 

Potential Customers

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