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

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...

Visa Launches AI-Powered Dispute Resolution Tools

New tools aim to streamline resolution of payment disputes.Highlights: Visa introduces AI tools for payment dispute resolution.The new...