SmartMore key facts
as of Oct 2026- Developer and operator of industrial AI agents and multimodal large language models designed for advanced manufacturing, quality inspection, and autonomous production.
- SmartMore is valued at approximately $1.2B as of Oct 2026 (last reported valuation).
- It has raised $430.3M; the latest was IPO in Mar 2026.
- Notable investors include HSG (Hong Kong), IDG Capital, Lenovo Capital and Incubator Group, ZhenFund, Co-Stone Capital — 18 tracked in total.
- Status: In IPO Registration.
SmartMore's last reported valuation, Feb 2026. Nothing priced has surfaced since.
- ·The complete investor list: 18 names
- ·Watch SmartMore: the Monday email on marks, rounds and moves
SmartMore funding rounds
No funding rounds for SmartMore are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs SmartMore
18+SmartMore valuation
SmartMore's last reported valuation was $1.2 billion in Feb 2026. No priced round, secondary trade or fund mark has surfaced since.
SmartMore investors
18 investors are on record for SmartMore, including HSG (Hong Kong), IDG Capital, Lenovo Capital and Incubator Group and ZhenFund. By type, the record holds 4 private equity firms and 3 venture capital firms.
About SmartMore
Developer and operator of industrial AI agents and multimodal large language models designed for advanced manufacturing, quality inspection, and autonomous production. The company provides robotics systems and edge computing sensors, enabling industrial enterprises and equipment manufacturers with adaptive process optimization, enhanced product quality, and seamless system integration.
- Sector
- Information Technology
- HQ
- Shenzhen, China
- Founded
- 2019
- Employees
- 528
- Website
- smartmore.com/
- Ownership
- In IPO Registration
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