FinTechFunding

Artemest: Raises $5M+ in Equity Funding Round

  • Artemest, a Milan, Italy and New York-based e-commerce platform selling Italian luxury design, home decor and lifestyle, raises a new $5M+ round of financing
  • French private equity Olma Luxury Holdings and the Swiss holding Brahma joined Milan-based investment firm Nuo Capital
  • The company intends to use the funds to further develop digital tools both for interior designers, architects, and final consumers globally
  • Artemest aims to support small luxury brands, artisans, designers and artists to gain international visibility
  • The company recently reached more than 1,000 artisans and luxury brands on its platform
  • The US, Canada, and UK represent the main markets for Artemest, with APAC countries following North America as the second region for revenue and traffic
Previous article
Clean.io: Raises $5M to continue its battle against malicious adtech
Next article
Westpac: Helps businesses save on “tap and go” contactless merchant transactions
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

BMO Strengthens AI and Quantum Research with New Institute

The new institute will focus on advancing AI technology and quantum computing.Highlights: BMO launches Institute for AI and...
FinTech

Lloyds Strengthens Leadership with AI Agent in the Boardroom

The British bank integrates artificial intelligence into executive decision-making.Highlights: Lloyds Banking Group introduces an AI agent to its...
FinTech

Ralio Secures $25M to Strengthen Agentic Payments Platform

Funding aims to enhance features and expand market reach.Highlights: Ralio raises $25M in a funding round.The investment will...
FinTech

Regulators Brief Banks on Anthropic Cyber Risk Amid Growing Concerns

Regulatory bodies emphasize urgent risks from Anthropic's AI developments.Highlights: Regulators issue warnings about Anthropic's AI-related cyber risks.Financial institutions...