Artemest secured €15 million in a funding round led by IRIS Ventures and Olma Luxury Holdings.

Artemest, a Milan, Italy-based operator of an online marketplace for handmade décor, raised €15 million ($16 million) in capital investment.

The money was raised from investors including IRIS Ventures and the French private equity firm Olma Luxury Holdings,

Proceeds will be used to accelerate growth, with a focus on the US; further develop its technology, brand & community and optimize its catalog and talent recruitment.

Artemest, founded in June 2015 by Ippolita Rostagno and Marco Credendino, developed an online marketplace for the finest handmade décor. The website provides access to unique design pieces, decorative objects, lighting, table and a selection of gift items strictly handmade by the best Italian artisans. The company says it connects 1,300+ Italian artisans and creators - offering 60,000+ products - with thousands of customers and design professionals across the globe.

Prior to this round Artemest raised €4.5 million in 2020, from investors including Italian Angels for Growth, the Swiss holding Bagheera. the Swiss holding Brahma and Nuo Capital (investment holding of the Pao-Cheng family of Hong Kong led by CEO Tommaso Paoli).