SmartMore
Founded Year
2019Stage
Unattributed | AliveTotal Raised
$300MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+19 points in the past 30 days
About SmartMore
SmartMore develops the application of artificial intelligence (AI) visual system architecture in the fields of intelligent manufacturing and ultra-high-definition video. The company offers solutions that enable enterprises to achieve manufacturing optimization and automation (MOA). Its offerings include software algorithms to integrated hardware and software products. The company serves automotive, electronics, semiconductor, precision optics, and other industries. It was founded in 2019 and is based in Shatin, Hong Kong.
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Expert Collections containing SmartMore
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
SmartMore is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,244 items
Robotics
2,006 items
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Artificial Intelligence
14,767 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Advanced Manufacturing
6,359 items
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Advanced Manufacturing 50
50 items
Latest SmartMore News
Jun 30, 2024
Finance chief says projects related to medical technology and green development, as he re-emphasises his optimism about economy The government-owned Hong Kong Investment Corporation (HKIC) will unveil two new innovation projects related to medical technology and green development in the next two months, the finance minister has disclosed. Financial Secretary Paul Chan Mo-po mentioned the projects on Sunday, after the government’s investment vehicle, which manages HK$62 billion (US$8 billion) of funds, struck recent deals with home-grown unicorn tech company SmartMore and artificial intelligence firm BioMap . “There will be announcements [of more deals] in the next two months, one related to medical health and one related to green development,” Chan said in a radio interview. “If we continue to pave the way, we will see a very attractive Hong Kong,” he added of the city’s bid to boost its status as a business hub, continuing his push to inject optimism over the economy amid a gloomy outlook. But the finance chief stopped short of providing more details of the two partnerships to be formed. About 50 key corporate partners had either settled in Hong Kong or expanded their businesses in the city since late 2022, finance chief Paul Chan (light blue shirt) said. Photo: FS Blog He said since the Office for Attracting Strategic Enterprises was launched in 2022, about 50 key corporate partners had either settled in Hong Kong or expanded their businesses in the city, investing more than HK$40 billion and creating 13,000 jobs. The city’s investment promotion agency, InvestHK, had also lured more than 600 companies to the city during the same period, Chan said. He added he remained upbeat despite the lingering geopolitical pressure faced by Hong Kong as a result of tensions with the US and Europe that has led to trade tariffs against China. “In 2023, some people kept saying and insisting about an outflow of funds. But we have seen a net inflow of funds,” he said. Chan emphasised the government would take a more “proactive approach” and focus on developing Hong Kong’s innovation and technology sector, adding that there was now a more stable economic environment after the implementation of two national security laws. Post
SmartMore Frequently Asked Questions (FAQ)
When was SmartMore founded?
SmartMore was founded in 2019.
Where is SmartMore's headquarters?
SmartMore's headquarters is located at 3 Science Park East Avenue, Science Park, New Territories, Shatin.
What is SmartMore's latest funding round?
SmartMore's latest funding round is Unattributed.
How much did SmartMore raise?
SmartMore raised a total of $300M.
Who are the investors of SmartMore?
Investors of SmartMore include Hong Kong Investment Management, IDG Capital, Lenovo Capital and Incubator Group, ZhenFund, HongShan and 8 more.
Who are SmartMore's competitors?
Competitors of SmartMore include Deepvision and 5 more.
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Compare SmartMore to Competitors
Deepvision is a high-tech company that focuses on integrating advanced technologies such as machine vision, computer image processing, and artificial intelligence. The company operates in the industrial manufacturing sector. Deepvision offers intelligent vision inspection solutions, which include the development of AI and 3D cameras, image acquisition processing systems, and automation equipment. These solutions are designed to simplify manufacturing processes by applying medical-grade image processing technology to industrial vision inspection. The company primarily serves top global industrial manufacturing enterprises. It was founded in 2017 and is based in Beijing, Beijing.
Cerrion specializes in visual AI for the manufacturing sector, focusing on enhancing production efficiency and process transparency. The company offers a solution that monitors production, detects anomalies, and provides actionable insights to production teams, enabling rapid response to process deviations. Cerrion's technology is designed to augment the workforce, improve decision-making, and increase overall productivity without requiring extensive technical knowledge from its users. It was founded in 2021 and is based in Zurich, Switzerland.
Deepsight specializes in AI technology, machine vision, and automation capabilities to empower intelligent manufacturing and address challenging industrial quality inspection problems within the manufacturing sector. The company offers a range of products including automated visual inspection systems that utilize AI to detect defects and optimize quality control processes in manufacturing. Deepsight's solutions are applied across various industries, enhancing the digital and intelligent transformation of manufacturing businesses. It was founded in 2017 and is based in Shanghai, Shanghai.
JM Vistec System specializes in machine vision system integration and distributes a range of industrial vision components. The company offers products such as industrial cameras, lenses, lighting, and software for image processing, as well as providing custom vision inspection solutions. JM Vistec System primarily serves sectors that require automated visual inspection and quality control, such as manufacturing and production industries. It was founded in 2004 and is based in Singapore.
Robovision focuses on computer vision and artificial intelligence within the technology sector. The company offers a central platform that manages vision intelligence in smart machines, enabling businesses to introduce AI in dynamic environments without needing AI experts. Robovision primarily serves sectors such as agriculture, manufacturing, healthcare, and retail. It was founded in 2012 and is based in Ghent, Belgium.
Deephawk specializes in next-generation artificial intelligence for visual quality control within the manufacturing sector. The company offers AI-driven solutions that enhance machine learning capabilities and operational performance for industrial manufacturers. These solutions are designed to streamline the deployment process and improve the efficiency of quality control systems. It was founded in 2021 and is based in Cesson-Sevigne, France.
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