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Masterworks.io, a pioneering startup offering fractional investment in fine art, raised $110 million in Series A funding at a pre-money valuation north of $1 billion this week. The New York City-based platform reached unicorn valuation following funding from Left Lane Capital, with participation from Galaxy Interactive and Tru Arrow Partners, among others. Contemporary artists from Warhol and Basquiat to Kusama and KAWS are among the blue-chip stable that Masterworks invests in. ...
Good day. The arms race to raise larger war chests to target young startups has intensified. San Francisco-based venture firm NFX Capital Management said Tuesday in a blog post that it... | October 6, 2021