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
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

Outpost Raises $17.5M to Strengthen Global Merchant Sales

Funding aims to enhance platform capabilities for cross-border commerce.Highlights: Outpost raises $17.5 million in Series A funding.Investment to...

BBVA Boosts Audit Productivity with AI Assistant

The new AI tool aims to streamline auditing processes at BBVA.Highlights: BBVA introduces an AI assistant to improve...

Morningstar Tightens LSEG Uncertainty Rating on LLM’s Impact on Data Business

Assessment reflects concerns over large language models' influence on data services.Highlights: Morningstar updates LSEG's uncertainty rating amid LLM...

Mastercard Launches Virtual C-Suite of AI Agents for SMEs

The new platform aims to enhance financial services for small businesses.Highlights: Mastercard unveils virtual C-suite of AI agents...