Luxury fragmentation investment platform Collecto completes approximately US$3.05 million in seed round financing, with participation from multiple seed round investors

04-03

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According to ChainCatcher, citing Startupitalia, the luxury goods fractional investment platform Collecto has completed a seed round of 2.8 million euros (approximately $3.05 million), with participation from LinkedIn Italy CEO Marcello Albergoni, Accenture Interactive Managing Director Alessandro Zanotti, McKinsey senior partner Andrea Travasoni and Guido Frisiani, Wind Tre Italy Co-CEO Gianluca Corti, BCG senior advisor and former ING Italy CEO Marco Bragadin, Jakala Civitas CEO Giacomo Lorusso, BizPal CEO Fabio Peloso, and multiple seed round investors. The financing structure includes 2.3 million euros in equity financing and 500,000 euros from Italy's Ministry of Economic Development's "Smart&Start Italia" startup support program.

According to the introduction, Collecto is a platform that democratizes luxury collection by providing partial ownership of exclusive items, including modern art, luxury watches, and investment-grade wines.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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