SmartMore

Shenzhen, China · Founded 2019 · In IPO Registration

Developer and operator of industrial AI agents and multimodal large language models designed for advanced manufacturing, quality inspection, and autonomous production. SmartMore is based in Shenzhen, China and was founded in 2019. Its last reported valuation was $1.2 billion in Feb 2026. It has raised $430 million.

Last reported valuation
$1.2B
Oct 2026
Priced at
—
Total raised
$430.3M
Last round
—

Who backs SmartMore?

18 investors
InvestorType
HSG (Hong Kong)Other
IDG CapitalVenture capital
Lenovo Capital and Incubator GroupVenture capital
ZhenFundOther
Co-Stone CapitalPE / buyout
Green Pine Capital PartnersVenture capital
Hong Kong Science & Technology ParksOther
Hidden Hill CapitalPE / buyout
Orient Securities Capital Investment CompanyOther
Hermitage CapitalPE / buyout
+ 8 more investors · a free account shows the complete list
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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.

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