Big news in the world of online art auctioneering today, as Berlin’s Auctionata, a well-funded heavyweight in this space, is about to announce a merger with its NYC-based peer, Paddle8, according to a report from The New York Times. Update: the deal has been confirmed this morning, further details below Auctionata runs a fast-growing online […]
German Startups Group (GSG), the publicly-listed German (duh) investment firm, this morning announced that it has acquired equity in Auctionata, the online auction house for art and luxury collectibles, and increased its stakes in two other startups (reBuy and TVSmiles). More precisely, GSG has “signed a binding preliminary contract for the indirect acquisition of a […]
Tech.eu’s Charmaine Li paid a visit to Berlin-based Auctionata, an oft-talked about and rather heavily funded startup that is trying to bring the fine art and luxury object auction experience online.
The online art market is booming and it looks like the world of tech and art are inching closer towards each other. Here, we shine a light on a crop of European tech startups tackling this space…