LaCollection, a NFT platform dedicated to museums and art institutions, has raised $10 million in seed funding from Alven, Aglaé Ventures, ArtNova, Motier Ventures, Cygni, Kima Ventures, Premier Janvier Capital, and others. Transaction Services - 2CFinance conducted financial due diligence of LaCollection.
Launched in 2021 by Jean-Sebastien Beaucamps, the startup enables museums and galleries to sell their physical artwork as NFTs. LaCollection stands out with its NFT-certified platform dedicated to the world's largest cultural institutions, far from traditional art marketplaces. Its mission is to help cultural institutions attract the interest of new generations of art enthusiasts and to initiate an innovative way of discovering a museum, an artist, or even an artwork.
The startup has raised funds to become the leading platform for new communities of art, culture, and NFT payment enthusiasts.
Alven is a Paris-based venture capital firm that invests in early-stage technology startups in Europe. Aglaé Ventures is the investment arm of the Groupe Arnault, a French family holding company that owns luxury goods conglomerate LVMH. ArtNova is a Swiss investment firm that focuses on art and technology. Cygni is a Swedish IT consulting firm. Kima Ventures is a French venture capital firm that invests in early-stage startups. Motier Ventures is a French venture capital firm that invests in early-stage startups. Premier Janvier Capital is a French venture capital firm that invests in early-stage startups.
This funding round will enable LaCollection to expand its platform and become a leading force in the NFT art world. The startup's unique offering of NFT-certified art from top cultural institutions sets it apart from traditional art marketplaces and positions it to become a key player in the growing NFT market. The involvement of prominent venture capital firms and investment groups underscores the potential of LaCollection's platform to transform the way art is sold and consumed in the digital age.