Trademylux Limited, a Scottish art tech startup doing business as sellmyartworks.com, raised £300K in funding.
Backers included Tricapital Angels Limited and Scottish Enterprise.
The company intends to use the funds to launch the first in a series of luxury goods resale platforms.
Founded by Bob Corsie, sellmyartworks.com is an online platform power the sales of pre-owned art pieces through traditional auction houses or other routes. It offers a secure way of acquiring and disposing art work, thereby creating liquidity and promoting further art transactional activity.
The business anticipates first year sales of more than 300 art works followed by a strong growth trajectory.
FinSMEs
19/02/2024