Security Matters

Company Overview

Snapshot

Founded in January 2015 by Haggai Alon, Security Matters operates with 11–50 employees. The company has raised $8.21M across four funding rounds from Psagot Investment House. Security Matters went public on NASDAQ in July 2022 and on ASX in February 2023.

Business overview

SMX (Security Matters) develops a blockchain-based platform that provides comprehensive tracking and tracing solutions for physical objects. The company utilizes distinct chemical barcodes to create a digital identity for each object, enabling full lifecycle tracking. These digital identities enhance supply chain management, promote sustainability, and reduce counterfeiting. By tracing and verifying raw materials from their origin through manufacturing, distribution, retail, and end-of-life stages, SMX ensures complete supply chain transparency, fostering measurable sustainable circularity. The company primarily serves industries focused on industrial technologies, material innovations, and applications, with a strong emphasis on the circular economy and climate tech.

Strategic signal

In September 2025, SMX announced a significant partnership with Singapore's A*STAR to launch the world's first Plastic Passport Program, aiming to redefine the ASEAN plastics market. This collaboration highlights SMX's embedded technology as a key driver for building consumer trust through verifiable proof at the checkout and establishes a global benchmark for plastics recycling. The initiative signals a major step towards a circular economy by transforming plastic waste into a new asset class and providing a common language for a global plastics passport, demonstrating the company's strategic validation in addressing critical sustainability challenges.

Company Intelligence Q&A

When did Security Matters go public on NASDAQ?

Security Matters went public on NASDAQ in July 2022.

When did Security Matters go public on ASX?

Security Matters went public on ASX in February 2023.

What was the valuation when Security Matters went public on NASDAQ?

In July 2022, Security Matters had a valuation of $200,000,000 when it went public on NASDAQ.

What was the valuation when Security Matters completed its Initial Public Offering on ASX?

In October 2018, Security Matters had a valuation of $10,700,000 when it completed its Initial Public Offering on ASX.

What was a key partnership announced by SMX in September 2025?

In September 2025, SMX announced a partnership with Singapore's A*STAR to launch the world's first Plastic Passport Program, aiming to establish a global blueprint for plastics recycling and redefine market trust.