COLLEKTR, the premier livestream collectibles platform in the Asia-Pacific (APAC) region, has secured its pre-Series A funding round, bringing its total investment to USD1.3 million (RM5.8 million) to date.
This significant investment underlines Collektr's innovative role in the evolving livestream commerce sector, strengthening its commitment to transforming the collectibles market across APAC.
Led by AC Ventures Malaysia, this funding round also saw participation from The Hive Southeast Asia, Creador Foundation and 18 prominent angel investors, including seasoned executives and founders from various industries.
Building on the momentum of Collektr's seed round led by First Move, this new capital will fuel Collektr's growth across the APAC region, starting with an expansion into Singapore and another key market.
The company is actively seeking strategic partnerships with sellers, merchants, and collaborators to enrich its marketplace with exclusive, rare and unique items.
REMARKABLE GROWTH
Since its debut in April 2023, Collektr has emerged as APAC's premier livestream platform for collectibles, offering over 100,000 unique, authenticated items from a rapidly growing network of trusted sellers across high-demand categories like trading card games, comics, sneakers, handbags and art.
Collektr's commitment to quality, transparency and security sets it apart in the marketplace, with a rigorous vetting process for every seller and a robust dispute resolution system that ensures trust in every transaction.
The platform has achieved remarkable growth, surpassing over 10,000 monthly active users and consistently exceeding engagement metrics seen in traditional e-commerce startups.
Collektr's dynamic approach to livestream commerce has made it the go-to destination for collectors, while its increasing seller base and user loyalty solidify its leadership in an evolving market. As Collektr continues to shape the future of collectibles, it is poised to become a defining force in the region's digital commerce landscape.
According to Collektr chief executive officer Adlin Yusman, the funding will empower the company to scale rapidly across the APAC region, while offering a dynamic and secure platform for collectors.
"We are honoured by the trust our investors have placed in Collektr's vision to spearhead the future of collectibles and livestream commerce.
"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," he said.
As the leading investor, AC Ventures Malaysia partner Ng Yi Chung shared in the excitement.
"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. This investment isn't just about fueling growth; it's about backing Collektr to take risks, break the mould, and set a new standard for online auctions and marketplaces," he said.
For more information, visit Collektr's website today.