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
Related Company Reports
VelocityCreate Solutions raises $1.2B Late Stage at $2.3B valuation
VelocityCreate Solutions secures $1.2B in Late Stage funding led by General Catalyst, reaching $2.3B valuation as it accelerates growth in the enterprise software sector.
SAP America Headquarters - Office Location & Address
Discover SAP America's headquarters at 3999 West Chester Pike, Newtown Square, PA 19073. Enterprise application software company. Learn about the office facilities and work environment.
FlowEngine Raises $1B Series E to Transform Enterprise Software
FlowEngine has secured $1B Series E in funding to accelerate growth and innovation. Leading cloud-based collaboration platform streamlining team productivity and communication...
