Smartex.ai

company

About

Smartex.ai is an AI and computer vision company that uses automated inspection to detect textile defects.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
$24.70M
Industries
Artificial Intelligence,Computer Vision,Hardware,Industrial Automation,Textiles
Founded date
Aug 16, 2018
Number Of Employee
51 - 100
Operating Status
Active

Smartex.ai is an AI and computer vision company that uses automated inspection to detect textile defects. It also uses cutting-edge AI tech in order to solve some of the biggest problems of an outdated yet so relevant sector which is the Textile Industry. Our company is bringing the most sophisticated state-of-the-art technologies of Machine Learning and Computer Vision in order to detect textile defects and irregularities in real-time, acting on the knitting machines as a way to reduce defective production to close to 0%. This high-tech solution is able to not only stop the production of defects during production, using hardware and software but also improve the business by offering a user interface where the factories can check their stats regarding the production.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$24.70M
Smartex.ai has raised a total of $24.70M in funding over 2 rounds. Their latest funding was raised on Nov 3, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 3, 2022 Series A $24.70M 2 Detail
Mar 31, 2022 Seed 1 Detail
Sep 30, 2019 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
Smartex.ai is funded by 2 investors. HAX and Bombyx Capital Partners are the most recent investors.
Investor Name Lead Investor Funding Round
HAX Series A
Bombyx Capital Partners Series A