Luxury fragmentation investment platform Collecto completes seed round financing of approximately $3.05 million

On April 3rd, Collecto, a luxury fragmentation investment platform, completed a seed round of financing of 2.80 million euros (about 3.05 million US dollars). The financing structure of this round includes 2.30 million euros equity financing, and 500,000 euros from the "Smart & Start Italia" startup support program of the Italian Ministry of Economic Development.
Collecto is a platform that democratizes the collection of luxury goods by offering fractional ownership of exclusive items, including modern art, luxury watches, and investment-grade wines.