What is the LVMH Innovation Award?

The LVMH Innovation Award, created in 2017 by the LVMH group, rewards promising new companies from France and other countries that are committed to fulfilling their innovation and sustainability commitments. LVMH is deeply attached to innovation, which is also in the DNA of Scortex. The innovation awards are part of their global activities aimed at supporting innovation in the luxury sector. Co-organized by the Publicis group and the media group Les Echos, this major event - from LVMH - allows leading companies and houses in their industry to forge strong links with startups and help them grow. Scortex was chosen for its ability to make a difference in quality automation and to be a driving force in digital transformation. Being a finalist for the award confirms the initiative and new ideas, with the core values of excellence, creativity, innovation, and entrepreneurial spirit that our company embodies.To learn more: https://www.lvmh.com/lvmh-innovation-award-2020/scortex/

Scortex has joined the House of Startups

We are also extremely proud to announce that, in February 2020, Scortex was selected as one of the 50 startups chosen for the LVMH group’s business acceleration program, which facilitates exchanges between startups and different houses to write the future of luxury together while inspiring new innovations and trends in luxury. This program takes place within the largest incubator in the world: Station F.The goals of the House of Startups: 

• Support entrepreneurs in accelerating their businesses 

• Create synergies and networks with the 70 Houses of the group

• Share the excellence and know-how of LVMH

The acceleration program rests on 3 pillars: learning through contact with experts from the Group’s Houses, business coaching by a dedicated team, and qualified networking with the LVMH ecosystem and peer entrepreneurs. Being part of the program has been a very interesting experience for the members of the Scortex team, who had the opportunity to meet with LVMH managers and be introduced to the different Houses of the Group.  Having an office at Station F with the other program members, as well as LVMH team members, allowed us to dedicate time and energy to developing our understanding of the Group, its practices, and its values.  Tailored mentoring, presentations to executives, and presentations of the Group were organized to give us opportunities to develop our relationships with the Houses.  Although COVID-19 has changed businesses and practices, the adaptability, agility, and availability of the team at the House of Startups helped maintain a fruitful experience for us.  

This selection is part of a set of key milestones for Scortex, detailed in our seed funding announcement, which highlights the validations of our business and our technology.

By partnering with LVMH - Scortex aims to make a profound impact on how quality is managed, by offering smarter automation and valuable real-time insights for operational excellence. We look forward to working with the LVMH Houses to help them achieve their highest quality standards and gain real-time insights into their quality through our powerful deep learning solution.Testimonial from the Director of Global Digital and Technological Partnerships at LVMHThank you to the LVMH group and the jury members for selecting Scortex for this wonderful adventure!