Smart Fabric
Smart Fabric raises $460M Series C at $2.5B valuation
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
Company Info
Investors (2)
Share
Related Reports
Glean Raises $260M Series D to Transform Enterprise Software
Glean has secured $260M Series D in funding to accelerate growth and innovation in the enterprise software sector. Enterprise search and knowledge management platform using AI to help employees find information across all company apps...
Databricks Raises $10B Series J to Transform Enterprise Software
Databricks has secured $10B Series J in funding to accelerate growth and innovation in the enterprise software sector. Unified data and AI platform enabling organizations to build data lakes, warehouses, and ML applications...
DDN Storage Raises $300M Growth to Transform Enterprise Software
DDN Storage has secured $300M Growth in funding to accelerate growth and innovation in the enterprise software sector. AI and data storage infrastructure provider delivering high-performance storage solutions for AI/ML workloads and HPC...
Turn your sales ideas into reality today
Start your 14-day Pro trial today. No credit card required.
Start building for free