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
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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.

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