SmartMore

SmartMore develops machine-vision software and hardware (smart cameras, vision sensors, code readers), digital-twin platforms and multimodal industrial AI models for smart manufacturing. Its customers are manufacturers and equipment makers in automotive, electronics, semiconductor and precision optics. It sells integrated hardware and software products and solutions, with branches in mainland China, Japan and Singapore. It was founded in 2019 by CUHK professor Jiaya Jia and colleagues, raised a reported $200M Series B in 2021 (about $300M in total) and became a unicorn. PitchBook lists a Series C in February 2026 and an IPO registration announced in March 2026. Employee counts vary by source: PitchBook shows 528 for 2025, while the company's own materials claim 1,000+.