Collektr CEO Adlin Yusman
Collektr, a livestream collectibles platform based in the Asia-Pacific region, has raised US$1.3 million in a pre-Series A funding round led by AC Ventures Malaysia.
The round also saw participation from The Hive Southeast Asia, Creador Foundation, and 18 unnamed angel investors.
This follows a seed round led by First Move, bringing the total investment to date to US$1.3 million.
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The fresh capital will be used to drive Collektr’s expansion across APAC, beginning with Singapore and another key market. The company also plans to strengthen strategic partnerships with sellers, merchants, and collaborators to expand its marketplace offerings with exclusive, rare, and unique collectibles.
Launched in April 2023, Collektr boasts over 100,000 unique, authenticated items from a growing network of vetted sellers. The platform specializes in high-demand categories like trading card games, comics, sneakers, handbags, and art. Collektr emphasizes rigorous seller vetting and a robust dispute resolution system.
Since its inception, Collektr claims to have grown significantly, boasting over 10,000 monthly active users and exceeding engagement metrics typically seen in traditional e-commerce startups.
Adlin Yusman, CEO of Collektr, said: “This funding empowers us to scale rapidly across the APAC region, starting with Singapore, whilst continuing to offer a dynamic and secure platform for collectors. We invite merchants and sellers across the region to join us in building a vibrant ecosystem where enthusiasts can explore, connect, and indulge their passions through innovative livestream auctions.”
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Ng Yi Chung, Partner at AC Ventures Malaysia, added: “The world of commerce is changing. Livestream commerce is a multi-billion industry that is growing rapidly. The new way to delight and excite shoppers and Collektr’s bold, revolutionary approach with the ability to do live-bidding has truly captured the hearts of collectors across the region. We believe they’re on the path to fundamentally reshape the collectibles and livestream landscape as they continue to scale.”
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