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

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...