Luxury goods fragmented investment platform Collecto completes approximately US$3.05 million in seed financing "
On April 3, it was reported that the luxury goods fragmented investment platform Collecto completed a 2.8 million euro (approximately US$3.05 million) seed round of financing. LinkedIn Italy CEO Marcello Albergoni, Accenture Interactive Managing Director Alessandro Zanotti, McKinsey senior partners Andrea Travasoni and Guido Frisiani, Wind Tre Italy co-CEO Gianluca Corti, BCG senior consultant and former ING Italy CEO Marco Bragadin, Jakala Civitas CEO Giacomo Lorusso, BizPal CEO Fabio Peloso and multiple seed round investors participated. The financing structure includes € 2.3 million in equity financing and € 500,000 from the Italian Ministry of Economic Development's "Smart&Start Italia" entrepreneurship support program. Collecto is a platform that democratizes luxury collections by providing partial ownership of exclusive items, including modern art, luxury watches and investment-grade wines.
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