Total raised
$8.2M
Last: PIPE 2020-11
Stage
Public
Founded
2015
Headcount
31
HQ
Ketura
Sector
Industrial Technologies
About
SMX (Security Matters) designs a unique blockchain-based platform that offers comprehensive tracking and tracing solutions for physical objects. The company uses distinct chemical barcodes to generate a digital identity for every object, enabling its complete lifecycle tracking. These digital identities contribute to enhanced supply chain management, sustainability, and counterfeiting reduction. By tracing and verifying the raw materials from their origin, through the manufacturing process, distribution, retail, and end-of-life stages, SMX ensures complete supply chain transparency, fostering tangible and measurable sustainable circularity.
Funding history · 1 round · $8.2M total
2020-11
PIPE
$560K
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Climate TechClean Industry Tech Sustainable Materials & CircularityIndustrial TechnologiesMaterial Innovations & Applications
Technologies
Materials & SubstancesNanomaterialsRaw MaterialsData StorageDLT & Blockchain
Target customers
Energy, Utilities & Waste ManagementWaste Treatment, Environmental Services & RecyclingMedia & EntertainmentFashionTransportation & LogisticsLogisticsMaritime
Business model
B2B
Highlights
Climate Tech1 Patents
Tags
logisticscircular-economyclimate-techsupply-chainmaterialstrackingblockchainauthenticationbrand-protectionmanufacturingindustry-4-0asset-trackingsafetyagriculturerecyclingfashion