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3 Latest Announced Rounds

$1,325.73M Raised in 74 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Smartex.ai

start up
Portugal - Porto
  • 03/11/2022
  • Series A
  • $24,700,000

Smartex solves fundamental problems impacting the global textile supply chain. Our AI-based solutions are eliminating waste at the source of the textile manufacturing chain. We combine tailored hardware, vision software & machine learning algorithms that work together to detect all textile defects, enhance production performance, worker safety, transparency & save time, decrease sunk costs, CO2 emissions, water wastage, & much more!

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 very relevant sector.


Related People

Gilberto LoureiroCo Founder

Gilberto Loureiro Portugal - Porto, Porto

Passionate about technology, automation, & impact. Motivated by the chance to ensure a zero-waste future across the textile industry & beyond.
After over a decade in the textile industry & a masters degree in Physics & Finance my co-founders & I created Smartex - a company focused on innovative technology to empower factories around the world to produce with zero waste.