Advancing textiles 🌐🪡
Location: Portugal, Porto
Employees: 51-200
Total raised: $25M
Founded date: 2018
Investors 8
| Date | Name | Website |
| - | Hard Tech ... | hax.co |
| 06.11.2022 | Lightspeed... | lsvp.com |
| - | Spider Cap... | spidercapi... |
| - | L&R Ve... | lr-venture... |
| - | Momenta Ve... | momenta.on... |
| - | Spider Cap... | spidercp.c... |
| 06.03.2023 | DCVC | dcvc.com/ |
| 29.11.2025 | H&M Gr... | hmgroupven... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 04.11.2022 | Series A | $25M | - |
Mentions in press and media 21
| Date | Title | Description |
| 10.07.2025 | IRCAI and AWS Select 23 New Startups for the 2025 Compute for Climate Fellowship | The program funds research and development of concepts that harness advanced cloud computing and artificial intelligence to solve global environmental challenges. LJUBLJANA, Slovenia, July 10, 2025 /PRNewswire/ -- The International Research... |
| 20.05.2025 | The Ripple Effect: Moody’s Downgrade and Its Impact on U.S. Markets | The recent downgrade of the U.S. credit rating by Moody’s has sent shockwaves through financial markets. The once unassailable Aaa rating has slipped to Aa1, marking a significant shift in investor sentiment. This downgrade is not just a nu... |
| 19.05.2025 | CNBC Daily Open: After a winning week for stocks, Moody’s downgrade of U.S.′ credit rating poses a new challenge | Moody’s Ratings cut the United States’ sovereign credit rating down one notch to Aa1 from Aaa. Retail sales in China grew 5.1% in April from a year earlier, lower than the 5.5% expected by a Reuters poll and March’s figure of 5.9%. All majo... |
| 19.05.2025 | Meet the sustainable fashion startup backed by H&M and Amazon | Smartex uses cameras and AI to detect flaws in fashion textiles as they are produced, preventing fabrics from going to waste. Fashion has a big waste problem, with about a truckload of clothes thrown away and buried or burned every second, ... |
| 13.11.2024 | Compute for Climate Fellowship Announces Eight New Startups Selected to Build Their Proof-of-Concepts for Free on AWS | LJUBLJANA, Slovenia, Nov. 13, 2024 /PRNewswire/ -- The International Research Centre on Artificial Intelligence (IRCAI), an organization under the auspices of UNESCO, in collaboration with Amazon Web Services, Inc. (AWS), today announced th... |
| 08.11.2024 | Faber Tech III: Igniting the Future of Deep Tech in Southern Europe | In a world where technology evolves at lightning speed, Faber has stepped up to the plate. The venture capital firm recently launched Faber Tech III, a new fund aimed at nurturing the next generation of deep tech startups in Spain and Portu... |
| 04.11.2024 | Faber launches €60M deeptech fund for Iberian startups | Faber has launched its newest fund, Faber Tech III, at €31M. The fund is anchored by the European Investment Fund (EIF) and received major contributions from the NATO Innovation Fund and Caixa Capital, as well as repeat participation by Por... |
| 03.03.2023 | 2022 sees Europe's IoT startups smashing funding records – 10 fundraisers to watch | It's Mobile World Congress (MWC) time again, so it's a great time to be a journalist if you love IoT. Last month, electronics distributor Avnet Abacus released research that crunched the number of IoT investments in 2022. It revealed that t... |
| 31.01.2023 | Momenta launches $100M Industry 5.0 Venture Capital Fund | Momenta launches $100M Industry 5.0 Fund The launch of the Industry 5.0 fund, Momenta's fifth venture capital fund since 2012, expands our focus from digital technologies that drive industry productivity to those that drive societal and env... |
| 03.11.2022 | Portugal's Smartex stitches up $24.7 million to modernise textile production | Porto-based Smartex has raised $24.7 million in a Series A round, announced 364 days since being crowned the 2021 winner of Web Summit’s PITCH competition. The startup uses hardware-enabled, machine-vision-driven software to detect textile ... |
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