Artemest secures €15 million investment

Italian luxury craftsmanship is bankable. Artemest, the transalpine marketplace specialising in interior decoration, has just raised $15 million from IRIS Ventures and the French private equity holding company Olma Luxury Holdings. In 2020, the latter had already injected 4.5 million dollars and then 5 million dollars into Artemest, first in association with the Chinese investment company NUO Capital, based in Milan, and then to the Swiss holding Brahma.

Legal advisors Edoardo Canetta Rossi Palermo and Barbara Ballandi led the Chiomenti were at the helm for this new round of funding.

Artemest was founded in 2015 by jewellery entrepreneur Marco Credendino and jewellery designer Ippolita Rostagno, who became the creative director. With a basic idea: to make the world discover Italian artisans and small luxury brands online. More than 1,300 transalpine craftsmen and designers now offer more than 60,000 products on the platform to thousands of private and professional customers around the world. Much more than a simple online catalogue, Artemest presents itself as a curation of the most beautiful products and a source of inspiration to transform an interior into a haven of transalpine elegance.

The platform will use the new funding to “accelerate its growth, particularly in the US, further develop its technologies, brands and community and optimise its catalogue and recruitment of new talent”. It also wants to further improve the services it offers to interior designers, brands and its partners in the hotel sector, providing them with the best possible support through its private consultants and technological tools.

Montse Suarez, the founder of IRIS Ventures, explained that “finding visionaries who build brands that transform the way we live” is the goal of his fund, and “Artemest is a perfect example of this”. Artemest is a perfect example of this”, he said, as “a guardian of Italian craftsmanship and creativity, able to give the artisan community and small businesses the opportunity to preserve their heritage by making it accessible to a global audience”.

Featured photos : © DR

What's Your Reaction?

Excited

Happy

In Love

Not Sure

Silly

LUXUS +

[EN] CLAIRE DOMERGUE, A SPECIALIST IN COMMUNICATION IN THE LUXURY SECTOR, HAS SURROUNDED HERSELF WITH EXPERTS TO CREATE THE FIRST MEDIA DEDICATED TO THE ECONOMIC NEWS OF LUXURY AND FASHION. THE LATTER DRAWS THE ATTENTION OF ITS READERS TO ALL THE MAJOR PLAYERS IN THESE SECTORS WHO SHARE THEIR EXPERIENCES, VISIONS AND KNOW-HOW. MORE THAN A SPECIALIZED WEBZINE, LUXUS PLUS IS A MULTI-SECTOR INFORMATION SYSTEM, WHICH HAS BECOME THE REFERENCE MONITORING TOOL FOR LUXURY AND FASHION PROFESSIONALS. OUR NEWSLETTERS CONTRIBUTE TO MAKE OUR READERS AWARE OF THE CHANGES AFFECTING THE LUXURY INDUSTRIES. THANKS TO AN INCREASED WATCH AND AN EXCELLENT KNOWLEDGE OF THE SECTOR, WE ARE INTERESTED IN THE MAIN ECONOMIC AND TECHNOLOGICAL STAKES OF FASHION, FINE WATCHMAKING, JEWELRY, GASTRONOMY, COSMETICS, PERFUMES, HOTELS, PRESTIGIOUS REAL ESTATE...********[FR] Claire Domergue, spécialiste de la communication dans le secteur du luxe, s’est entourée d’experts pour créer le premier média consacré à l’actualité économique du Luxe et de la mode. Ce dernier attire tout particulièrement l’attention de ses lecteurs sur l’ensemble des acteurs majeurs de ces secteurs qui y partagent leurs expériences, visions et savoir-faire. Plus qu’un webzine spécialisé, Luxus Plus est un système d’information multi-sectoriel, devenu l’outil de veille de référence pour les professionnels du luxe et de la mode. Nos newsletters de veille contribuent en effet à sensibiliser nos lecteurs aux mutations qui touchent les industries du luxe. Grâce à une veille accrue et à une excellente connaissance du secteur, nous nous intéressons aux principaux enjeux économiques et technologiques de la mode, la haute horlogerie, la joaillerie, la gastronomie, des cosmétiques, parfums, de l’hôtellerie, l’immobilier de prestige…