Codex , a decentralized title registry for the $2 trillion arts and collectibles (A&C) asset class, announced on Monday it has welcomed new members of its Codex Ecosystem, which is described as a group of A&C stakeholders spanning the complete spectrum of all industry partnerships, including collectors, auctioneers, dealers, museums, and other organizations vetted by existing members. According to Codex, the new partners include Heffel Fine Art Auction House, Feral Horses, Luxury Asset Capital, ValueMyStuff, Dust, and The Clarion List. The registry also noted that through interactions with pieces on the protocol holding the Codex Record, members will utilize or write on the title registry, thereby contributing to the pieces’ provenance. Codex CEO, Mark Lurie, stated:
“The Codex ecosystem members play an integral role in delivering additional value to Codex record holders and driving increased adoption within the industry. Until very recently, there was no permanent record to prove who owned what and when within the A&C market when almost the entire value of A&C is based on provenance and authenticity. We are committed to bringing on board the most versatile and high quality members to the Consortium in order to provide the best vendors and data providers to our users. These partnerships will help us create a larger and more trusted art and collectibles market for collectors and investors, empowering them to purchase, sell, and utilize their luxury assets with greater confidence.”
Codex also explained that Heffel, is a Canadian fine art auction house and holds both live and online auctions. The items sold its auctions will be assigned a Codex record. Feral Horses , a live trading platform to buy and sell “shares” of artworks, allows artists who go through the platform’s due diligence process to upload their works for a defined selling period and a minimum threshold and sell them to a pool of art lovers and investors. Luxury Asset Capital provides capital to individuals and businesses in exchange for luxury assets that may either be purchased or held onto as collateral. ValueMyStuff has a team of highly experienced appraisal experts, most of whom have previous experience appraising for major auction houses such as Sotheby’s, who can typically turn around a valuation within 48 hours and record the results onto the Codex Record. The Clarion List is an online resource for art market participants to discover top-rated art service companies worldwide, including art consultants, appraisers, framers, storage and installation companies, private dealers, e-commerce platforms and more. Codex then noted that to address the practical challenges and logistical complications of linking tangible assets to intangible tokens, it has partnered with DUST Identity , which is a Boston based technology company that uses diamond dust to imprint a unique crystalline signature on physical items. Codex added that these partnerships will use CodexCoin to mark a significant expansion to the Codex ecosystem. Sponsored Links by DQ Promote
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Codex Protocol Welcomes New Ecosystem Members

28/09/2015
· Germany · Retail · angel investors
The leading online auction house Auctionata has acquired the London-based valuation company ValueMyStuff (VMS). VMS was founded in 2009 by its current CEO Patrick van der Vorst, former President and Head of Department at Sotheby’s in London. VMS offers fee-based valuations with a team of over sixty fine art, luxury objects, antiques and collectibles specialists who have formerly worked at major international auction houses. With over 469,000 valuations and 400,000 customers, it is one of the largest online valuation companies in the global market. Alexander Zacke, founder and CEO of Auctionata, said, “Having access to the best experts worldwide is an essential aspect of Auctionata’s business model. Through the acquisition of VMS we are able to expand the expertise from which we provide our customers with fast and reliable valuations. As the market leader and inventor of the livestream auction, we are thus not only shaping the user experience for our bidders, but also for our consignors.”
Patrick van der Vorst, founder and CEO of VMS, added, “The partnership with Auctionata allows us to not only provide our customers access to the best experts, but also a direct path to the most successful online selling channel for their valued items.” Van der Vorstwill oversee the expansion of Auctionata’s global expert network and continue in his role as CEO of VMS. In 2010, VMS received significant media attention after van der Vorst’s appearance on the BBC series ‘Dragon’s Den’, where he was able to attract a £100,000 investment from Deborah Meaden and Theo Paphitis. As a result of Auctionata’s take-over, the two previous shareholders, Meaden and Paphitis, have been bought out. Talking about the success of her investment, Deborah Meaden said, “Over the last few years, VMS has shown significant growth and has expanded its business both organically and through acquisitions. It had always been our plan to build and exit and we will be delighted to see the company reach another level with a strong international partner.”
The acquisition of VMS constitutes another advance in Auctionata’s rapid international expansion, particularly into the United Kingdom. Having grown to become Germany’s biggest auction house in less than three years, with revenues of €35.7 million (US$39.7 million) in the first half year 2015, the company is pursuing its track towards market leadership in Europe.

Online auction house Auctionata has bought UK valuation company, ValueMyStuff

Posted on September 25, 2015 by Ieva Treija
Leading livestream auction house Auctionata has taken over one of the largest online valuation companies in the global market ValueMyStuff) (VMS), based in London. Auctionata extends its global expert network with this acquisition and continues its international growth trajectory towards market leadership. Alexander Zacke, founder and CEO of Auctionata, stated: “Having access to the best experts worldwide is an essential aspect of Auctionata’s business model. Through the acquisition of VMS we are able to expand the expertise from which we provide our customers with fast and reliable valuations. As the market leader and inventor of the livestream auction, we are thus not only shaping the user experience for our bidders, but also for our consignors.”
VMS was founded in 2009 by its current CEO Patrick van der Vorst, former President and Head of Department at Sotheby’s in London. VMS offers fee-based valuations with a team of over sixty fine art, luxury objects, antiques and collectibles specialists who have formerly worked at major international auction houses. It is one of the largest online valuation companies in the global market with over 469,000 valuations and 400,000 customers. Auctionata brings the world of unique works of art, antiques and luxury collectibles to the internet. As the inventor of the livestream auction, Auctionata broadcasts auctions in real-time and provides an online auction room that is accessible to bidders worldwide via desktop and mobile devices. Auctionata also offers all of the typical services of a traditional auction house via its website. Sellers benefit from the free and non-binding online valuation, which gives a first quick perspective on potential auction results. Auctionata professionals and its global network of over 300 experts from more than 40 countries ensure a proper assessment and authentication of each object that goes to auction. The spectrum ranges from paintings, prints, sculptures and antiques to furniture, design objects and porcelain, to watches, jewelry, wine and even classic cars. The company was launched by Alexander Zacke and Georg Untersalmberger in 2012 in a hotel room in Berlin. Today, Auctionata is operating globally with offices in Berlin, New York, London, Zurich, Rome and Madrid. The company recorded total net sales of €31.5 million in 2014, and €35.7 million in the first half of 2015. Moreover, Auctionata set the world record for the most expensive work of art sold in an online auction, when it sold a Chinese clock for €3.37 million (US $3.83 million) in June 2015. This entry was posted in Acquisitions , Germany-Startups , UK-Startups and tagged Auctionata , online auction house , online auctions , valuation . Bookmark the permalink . Leave a Reply
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Auctionata acquires ValueMyStuff and pursues international growth trajectory

VentureVillage Editorial2015-09-25 0
Autcionata acquires ValueMyStuff
German online auction house Auctionata acquires UK-based ValueMyStuff . ValueMyStuff will allows users to consign their artwork with Auctionata, based on the company’s valuation. Details of the deal remain undisclosed. [ socaltech ]
Movinga raises seven digit amount from Rocket Internet
Berlin-based Rocket Internet investes with its Global Founders Capital in the digital moving helper  Movinga . As  TechCrunch  states, it is a seven digit amount. The investment will be used to expand to Italy, Belgium, the Netherlands, Luxemburg and Scandinavia. [ Gründerszene ] (German)
Rocket Internet’s Daraz raises €50 million
Daraz , Rocket Internet answer to Amazon, which is available in Asia is currently raising a €50 million round. Most of the capital comes from CBC Group, an organisation for cooperations with the UK government with focus on Africa and Asia. Existing investors Asia Pacific Internet Group are also joining the round. [ Gründerszene ] (German)
Fabfab raises €7.5 million
Fabfab   who also owns Stoffe.de, raises €7.5 million from Luxembourg-based Holding Lesing Fabfab. Munich-based Pinova Capital and Hamburg-based New Times Venture also joined the round. Fabfab owns different e-commerce website through Europe. [ Gründerszene ] (German)
 Social Trademarks has a new investment
The Cologne-based social media company   Social Trademarks  raised another investment. Jürgen Heraeus, who is on the the German Tech company Heraeus’ board, invested. The details stayed undisclosed. [ Gründerszene ] (German)
ProSiebenSat.1 and ProSiebenSat.1 invest in Jaunt VR
German publishing houses Axel Springer and ProSiebenSat.1 recently announced to invest together: For example in the Palo Alto-based virtual reality startup  Jaunt VR . Walt Disney, Sky, Google Ventures also joined the over all $65 million round. [ Mobilbranche ] (German)
Tamedia is increasing its stakes in Zattoo international
After already holding 39.4% of  Zattoo  Switzerland, Tamedia now purchased 31% of Zattoo International. Tamedia’s goal is to support the international expansion of the business. Zattoo is a online TV platform with its home markets in Germany and Switzerland. [ broadbandtvnews ]
Mister Spex considers IPO by 2018
Berlin-based eye wear retailer  Mister Spex  may either list on the stock exchange or sell a majority stake to an investor. This is planned to be done  over the next three years, its CEO told a Welt am Sonntag. Germany’s largest eye wear retailer is owned by Scottish Equity Partners, Goldman Sachs and Grazia Equity and, made over € 65 million in sales  in 2014, up from 47 million in 2013. [ BusinessInsider ]
Kukimi raises seven-digit amount
Berlin-based diet startup Kukimi  delivers diet products to customers and announced its second finance round. The fresh cash comes from HTGF (High-Tech Gründerfonds), who usually invest 500k, as well as Seedcamp and business angel Lars Dittrich. The investment will be used to expand, work on the product and for marketing.

The Good, the Bad, the News: This Week in Germany.

×
Auctionata Logo. BERLIN, Sept. 25, 2015 /PRNewswire/ -- The leading online auction house Auctionata has acquired the London-based valuation company ValueMyStuff (VMS). VMS was founded in 2009 by its current CEO Patrick van der Vorst, former President and Head of Department at Sotheby's in London. VMS offers fee-based valuations with a team of over sixty fine art, luxury objects, antiques and collectibles specialists who have formerly worked at major international auction houses. With over 469,000 valuations and 400,000 customers, it is one of the largest online valuation companies in the global market. Alexander Zacke, founder and CEO of Auctionata, said, "Having access to the best experts worldwide is an essential aspect of Auctionata's business model. Through the acquisition of VMS we are able to expand the expertise from which we provide our customers with fast and reliable valuations. As the market leader and inventor of the livestream auction, we are thus not only shaping the user experience for our bidders, but also for our consignors. "
Patrick van der Vorst, founder and CEO of VMS, added, "The partnership with Auctionata allows us to not only provide our customers access to the best experts, but also a direct path to the most successful online selling channel for their valued items. " Van der Vorst will oversee the expansion of Auctionata's global expert network and continue in his role as CEO of VMS. In 2010, VMS received significant media attention after van der Vorst's appearance on the BBC series 'Dragon's Den', where he was able to attract a £100,000 investment from Deborah Meaden and Theo Paphitis. As a result of Auctionata's take-over, the two previous shareholders, Meaden and Paphitis, have been bought out. Talking about the success of her investment, Deborah Meaden said, "Over the last few years, VMS has shown significant growth and has expanded its business both organically and through acquisitions. It had always been our plan to build and exit and we will be delighted to see the company reach another level with a strong international partner. "
The acquisition of VMS constitutes another advance in Auctionata's rapid international expansion, particularly into the United Kingdom. Having grown to become Germany's biggest auction house in less than three years, with revenues of €35.7 million (US $39.7 million) in the first half year 2015, the company is pursuing its track towards market leadership in Europe. High resolution pictures can be downloaded here:  http://we.tl/YxNY8rMDyU
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Codex Protocol operates as a cryptocurrency gambling platform within the online casino industry. The company offers a variety of games including slots, table games, and live dealer options, facilitated by cryptocurrency transactions. Codex Protocol utilizes gaming systems that provide fairness and supports multiple cryptocurrencies, with no KYC registration. It is based in London, England.

Codex Protocol

DUST Identity provides identity solutions using diamond-dust technology to create security tags for sectors including jewelry, retail, art, sports, aerospace, supply chain, and electronics. The products allow for marking physical objects with a digital identity, enabling authentication, tracking, and protection against counterfeiting. DUST Identity serves various industries that need product identification and brand integrity. DUST Identity was formerly known as Diamond Nanotechnologies. It was founded in 2018 and is based in Newton Center, Massachusetts.

DUST Identity

Heffel Fine Art Auction House engages in the auction and sale of fine art, operating within the art industry. The company offers services including auctions, private sales, and appraisals, along with a catalogue subscription and price database for art. Heffel also serves the museum sector with services such as estate management, storage, and shipping. It is based in Vancouver, British Columbia.

Heffel Fine Art Auction House

Feral Horses is a platform focused on art exploration and care within the arts and entertainment sector. The company provides tools and services that help individuals discover their artistic preferences and navigate the art world. It is based in London, England.

Feral Horses

Luxury Asset Capital provides capital to individuals and businesses in exchange for luxury assets that may either be purchased or held onto as collateral.

Luxury Asset Capital

The Clarion List is an online resource to discover top rated art service companies worldwide.

The Clarion List

Codex Protocol then noted that to address the practical challenges and logistical complications of linking tangible assets to intangible tokens , it has partnered with DUST Identity , which is a Boston based technology company that uses diamond dust to imprint a unique crystalline signature on physical items .

Auctionata is an online auction house specializing in art and luxury collectibles. The company offers a platform for buying and selling items through livestream auctions and an online shop, focusing on fine art, antiques, jewelry, and classic cars. Auctionata's technology enables real-time global participation in auctions, aiming to provide a modern twist to the traditional auction experience. It was founded in 2012 and is based in New York, New York. Auctionata filed for bankruptcy.

Auctionata

Acquired - II

ValueMyStuff offers fee-based valuations with a team of over sixty fine art, luxury objects, antiques and collectibles specialists who have formerly worked at major international auction houses.

Date	Round	Amount	Investors	Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.	Revenue	Sources
10/16/2018	Acquired - II		Barnebys	$XXM	0 FY undefined	1
9/25/2015	Acquired		Subscribe to see more	$XXM	0 FY undefined	10

Date	10/16/2018	9/25/2015
Round	Acquired - II	Acquired
Amount
Investors	Barnebys	Subscribe to see more
Valuation	$XXM	$XXM
Revenue	0 FY undefined	0 FY undefined
Sources	1	10

First funding	Last Funding	Investor	Rounds	Board Seats	Type	Location
10/16/2018	10/16/2018	Barnebys	1 Acquired - II		Corporation	Sweden
00/00/0000	00/00/0000	Auctionata	Subscribe to see more		Corporation	New York

First funding	10/16/2018	00/00/0000
Last Funding	10/16/2018	00/00/0000
Investor	Barnebys	Auctionata
Rounds	1 Acquired - II	Subscribe to see more
Board Seats
Type	Corporation	Corporation
Location	Sweden	New York

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