Startups

Portugal-based Smartex acquires local startup Tuvis

Smartex will strengthen its global presence and product capabilities by acquiring Turkiye-based Tuvis.

Portugal-based Smartex announced that it has acquired Tuvis, a turkish technology startup that develops unique artificial intelligence and deep learning solutions for visual quality control of textile production lines. After the purchase, the founders were included in Smartex.

Tuvis was founded by Eyup Gorkem Bayram, Bahadir Golcuk and Batuhan Sahin in 2019 with an early stage investment in Istanbul. Both Smartex and Tuvis share the goal of digitizing the textile industry using the latest technology. After his founders’ college years together, they decided to apply their machine learning knowledge to industry along with previously existing industry knowledge. Since January 2022, the company has been on its way under the leadership of Eyup Gorkem Bayram and Bahadir Golcuk.

Turkiye, one of the countries that make a great contribution to the global textile industry, is currently one of the biggest markets of Smartex, with ERKO, a well-established local distributor, and a large number of full-time engineers and service technicians. This acquisition and the opening of a new technology center is the next step towards Smartex’s mission to add value to the global textile industry, improve the customer experience and strive for a zero-waste future. As a global meeting point, Istanbul is the perfect place to engage regional talent and Smartex is excited to locate its new technology hub in Maslak, one of Istanbul’s business hubs.

The Technology Center will provide a space for the team to create something truly unique, employing Customer Service Engineer, Customer Success Specialist, and more with expertise.

“We believe this acquisition is a strategic move to expand our engineering strength globally,” said Gilberto Loureiro, CEO of Smartex. With the help of our growing team in Istanbul, we are confident we will make a lasting impact on the textile industry worldwide.”

Smartex is thrilled to have Tuvis join. Eyup Gorkem Bayram, the Turkiye general manager of Smartex after the acquisition of Tuvis, said, “Our journey started in a similar way and now our paths have crossed. On behalf of the Tuvis team, we are excited to join Smartex, increasing the global impact in the digitization of the textile industry by strengthening products and services.”

Source: Egirisim / Prepared by Irem Yildiz

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