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, with Psagot Investment House participating in one round. In February 2023, Security Matters went public on the ASX.

Business overview

Security Matters (SMX) develops a unique blockchain-based platform for comprehensive tracking and tracing of physical objects. The company utilizes distinct chemical barcodes to create a digital identity for each item, enabling full lifecycle tracking. This technology enhances supply chain management, promotes sustainability, and reduces counterfeiting by verifying raw materials from origin through manufacturing, distribution, retail, and end-of-life stages. SMX primarily serves industries focused on supply chain transparency and circular economy initiatives, particularly within the Industrial Technologies sector.

Strategic signal

In September 2025, SMX announced a significant partnership with Singapore's A*STAR to establish a global blueprint for plastics recycling, including the launch of the world's first Plastic Passport Program. This collaboration signals a major step towards redefining market trust in the plastics industry by making 'proof' a tradeable currency, demonstrating SMX's technology as a critical enabler for sustainable circularity and addressing global waste challenges.

Company Intelligence Q&A

What was a key development for Security Matters in September 2025?

In September 2025, Security Matters partnered with Singapore's A*STAR to launch the world's first Plastic Passport Program, aiming to set a global benchmark for plastics recycling and transform plastic waste into a new asset class.

When did Security Matters go public on the ASX?

Security Matters went public on the ASX in February 2023.

What was a significant collaboration for Security Matters in September 2023?

In September 2023, Security Matters formed a strategic collaboration with Domaine des Massifs to certify the origin of raw materials traceable in finished products, revolutionizing traceability in their respective industries.

What is the focus of the SMX and CETI alliance announced in September 2025?

In September 2025, SMX and CETI announced an alliance to combat fashion counterfeiting and launched an industrial validation program to drive circular economy and traceability in textiles and fabrics.

When did Security Matters go public on NASDAQ?

Security Matters went public on NASDAQ in July 2022, following a SPAC deal with Lionheart III Corp.