SMARTECH
Formerly The Industry Pivot, T.I.P
AI-Driven Autonomous Manufacturing and Raw Material Optimization
Startup Acquired Industrial Technologies Est. 2005
Total Raised
Undisclosed
Acquired
Last Round
Undisclosed
Team
4
11-50 employees
Confidence
97/100
News
2
articles
Patents
1
About
SMARTECH is aimed at transforming the traditional manufacturing sector. The company specializes in leveraging artificial intelligence and machine learning technologies to help manufacturers minimize the use of raw materials and harness the power of data. This approach enables the conversion of manufacturing plants into smart, autonomous, and environmentally friendly factories. SMARTECH's technologies are designed to make production lines more efficient and data-driven, supporting manufacturers in enhancing profitability, sustainability, and operational flexibility. One of the company's key offerings is its Autonomous Manufacturing Platform, an AI-based software that provides closed-loop control by analyzing human actions and process data. This platform enables the automation of production processes without the need for human intervention, aiming to improve product quality, stability, and productivity of production lines. In addition to software solutions, SMARTECH has developed technologies to reduce the consumption of raw materials in manufacturing. Its patented systems are engineered to enhance the properties of liquid chemicals, thereby decreasing the amount of raw materials needed. This not only helps in reducing costs for manufacturers but also contributes to improving the quality of the end products.
Classification
Sector
Industrial TechnologiesOperational Optimization Solutions
Core Technology
Artificial Intelligence
Target Customer
Industrial Manufacturing
Business Model
B2B
Tags
manufacturingmaterialsautomationoperations-optimizationartificial-intelligenceindustry-4.0
Funding & Events
Dec 2024
Exit Undisclosed
News (2)
May 26, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Hexion, a global leader in adhesives, systems and AI technologies for wood panel manufacturing, today introduced SmartQuality, the newest...
Product StageAcquisition
Dec 3, 2024 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Hexion Inc., a global leader of adhesives and performance materials solutions, today announced its acquisition of Smartech, a cutting-edge...
AcquisitionPartners
Details
Product Stage
Released
Employees
11-50
Exact Count
44
District
Center District
Founded
2005
Registrar
513697219
Crunchbase
smartech-the-industry-pivot
Locations
HaEshel St 3, Caesarea, Israel
Am Schrgen Weg 33, Vaduz, Liechtenstein
6 Liberty Sq #2629, Boston, MA 02109, USA
Links
Website
LinkedIn
Careers
Admin
Last Update
Dec 24, 2024
Verified by
Natalia Golczar
Claimed
Yes
Missing
funding rounds, markets
Team (4)
Hanoch Magid
CEO
Nathalie Vaknin
VP Marketing
Amira Aran
HR & IT Director
Shai Yosifon
Director of Engineering
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2016-11-13T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)
Status
Acquired by Hexion on Dec, 2024