This seed funding round comprises of €2.3 million in equity financing, with rest of €500,000 being funded by Italy’s Ministry of Economic Development through its “Smart&Start Italia” program – which supports innovative startups.
Collecto, the Web3 startup revolutionizing accessible investment in exclusive items like modern art and luxury watches, has successfully closed its €2.8 million seed-funding round.
This round comprises of €2.3 million in equity financing, with rest of €500,000 being funded by Italy’s Ministry of Economic Development through its “Smart&Start Italia” program – which supports innovative startups applying for a special investment code.
The investment was led by Marcello Albergoni, CEO of LinkedIn Italy; Accenture Interactive Managing Director Alessandro Zanotti; and senior partners from McKinsey – Andrea Travasoni and Guido Frisiani. Among other investors are Elisabetta Catucci, founder of Weconomy, and Francesco Varvello, partner at P7A.
This significant investment will be used by Collecto to make exclusive luxury assets more accessible to a broader range of investors through fractional ownership.
Collecto operates at the intersection of blockchain and luxury investments, leveraging tokenization to offer fractional ownership of prestigious assets. Founded in 2024, the startup enables collectors and investors to purchase and trade digital shares of luxury items, making high-value markets more accessible to a broader audience.
“This funding is a major milestone for Collecto and validates our vision of a more inclusive and transparent luxury asset market,” said Giovanni Camisasca, CEO of Collecto. “We believe blockchain technology can transform the way people invest in collectibles, and this investment will allow us to scale our platform and reach a wider community of collectors and investors.”
The company’s model is part of a growing trend in the luxury sector, where traditional barriers to entry—such as high costs and limited liquidity—are being overcome through Web3 innovations. With Collecto App, investors can buy and sell fractional ownership stakes for luxury items such as watches, wines, and art with ease. Using Non-Fungible Tokens (NFTs), it allows investors to enjoy the benefits of asset appreciation without the burdens of physical custody.
The €2.8 million round marks a significant milestone for Collecto as it expands its platform and introduces new features. The startup recently announced the addition of a secondary marketplace on its platform, facilitating the trading of shares in collectibles among users.
Moreover, Collecto is focused on improving the user experience through its mobile app, aligning with the startup’s goal of becoming a leading player in the luxury asset Web3 space.
