Please note that the first £199,756.80 has been invested by Swiss Venture Capital firm, Polytech Ventures. The investment will be transferred in USD and has been made on the platform using a rate of $1.25152/£.
"Own a fraction of a Picasso."
Maecenas is a marketplace for fine art investment. It brings together collectors who want to raise funds, and investors looking for exposure to the art market.
The platform allows both sides of an art deal to significantly reduce the commissions paid. In traditional transactions, these can be as high as 30% of the total value for the buyer and, reportedly, 50% of the total part for the seller.
This new venture comes from a team of experts who understand the technological and legal requirements of art and finance products inside out. We have received interest from a number of strong players including a bank, insurance company, and telecommunications provider.
Over the last few months Maecenas have been working on finalising fundraising from VC firm Polytech Ventures (Switzerland). The company is looking to increase their funding through Seedrs to accelerate client acquisition and market growth.