Smart Fabric
Smart Fabric raises $460M Series C at $2.5B valuation
Quick Facts
Smart Fabric: Series C Funding Round
Smart Fabric has successfully raised $460M in Series C funding, reaching a valuation of $2.5B.
Company Overview
IoT solutions for textile industry
Funding Details
The Series C round was led by Alibaba Capital, with participation from Sequoia Capital China.
Company Information
- Headquarters: Hangzhou, China
- Founded: 2017
- Employees: 800+
- Category: Enterprise Software
Investment
Smart Fabric plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Alibaba Capital: Verified investor in Series C
- Sequoia Capital China: Verified investor in Series C
Key Investors
About the Author
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