2 years ago
Cult Wines Secures Undisclosed Seed Funding
Cult Wines, a London-based company, has raised an undisclosed amount in seed funding led by Christophe Navarre, Chris Jones, Valtteri Bottas, and Reda Bedjaoui
The funds will be used to accelerate its growth trajectory.
ProblemFinancial Services
"Buying, selling and collecting fine wine is a complex and opaque process, making it difficult for people to invest and build their portfolios."
Solution
"Cult Wines offers two platforms: Cult Wine Investment, which manages a fine wine collection worth more than £290m GBP, and CultX, a digital trading platform for buying, selling and collecting investment grade fine wine with over £200m of the world’s most prestigious wines available to bid on."