Berlin-based online auction house Auctionata merges with US peer Paddle8

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 invests in online auction startup Auctionata

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 […]