The meticulously crafted 100-page report features comprehensive insights into the Creative Tech ecosystem, highlighting educational initiatives, venture support, and various partnership opportunities. Beyond its academic significance, the report serves as an essential resource for Creative Tech startups seeking to establish and expand their operations across the diverse cantons of Switzerland.
The main focus of the report is cumulative investments in Art+Tech Startups in 2023. It gives the market overview, investment numbers and portraits of investors, overviews trends and opportunities in both the Physical Art+Tech market and the Digital space, with the focus on AI.
About Fuelarts
Fuelarts is an investment platform, specialising on the Creative Tech industry. Our mission is to support the development of the emerging creative tech ecosystem, backing daring entrepreneurs, while they are building a more efficient, transparent, and accessible market.

In 2019 Fuelarts was founded by serial entrepreneur Denis Belkevich and former COO of Christie's Americas, ex-Senior VP of Artnet Roxanna Zarnegar. Our vision for Fuelarts is not only to be an investment vehicle but a platform, merging Art and Capital. Since 2022, Fuelarts includes 3 main divisions:

Fuelarts Accelerator provides tools to support founders of Art+Tech startups.
Fuelarts Insights shares content & analytics to engage and develop the Art+Tech community.
Fuelarts Capital is a venture arm, investing in accelerator graduates and infrastructure leaders.
The art market ecosystem is pretty complicated, but it gives a great opportunity to find alternative assets with low volatility for your portfolio. Keep expertise on art business at your fingertips with Fuelarts - THE FIRST DEDICATED investment platform FOR CREATIVE Tech
Denis Belkevich, General Partner, Fuelarts


  • Founders, experienced in finance, development, supply chain, and education in the art world
  • Tools to support networks & to make the art market more efficient, transparent, accessible
  • Relationship-based private investor services & community to connect all CREATIVE Tech ecosystem stakeholders
  • Several levels of mentorship to be sure accelerated startups are prepared for the art market, making them trusted for investors
  • global network with key art world players, with the main office based in NYC — the center of the art market
  • 2019 contributor of Deloitte Art and Finance Global Report, presented the results in Monaco on October 17, 2019
    Download Deloitte Art & Finance Global Report 2019 containing an Art+Tech report by Roxanna Zarnegar and Denis Belkevich

    (pages 177-179)

    Denis Belkevich
    General Partner & CEO, Fuelarts
    Born in 1981 in Ukraine, Denis is a professional art economist, manager of cultural projects, art investment & collection management consultant and visiting lecturer at Sotheby's Institute of Art and Parsons School of Design (New York). Denis graduated from Sotheby's Institute of Art in 2013, taking Post-Grad course at Kyiv Contemporary Art Institute in 2016.

    Held the position of Managing Director of the Contemporary Asian Art Fair at GAAB and Project Manager of the Peter Konchalovsky Foundation. Currently contributes as the International Development advisor to Cube, a non-commercial platform under the patronage of Dr. Uli Sigg (Switzerland). Board Member of the International Association of Asian Art Collectors.

    find out more...
    ADVISORY board
    • Roxanna Zarnegar
      Co-Founder, Fuelarts startup accelerator / Ex-Vice President, Artnet / Ex-COO, Christie's Americas
      Roxanna served as Chief Operating Officer of Christie's Americas, developed several strategic plans, and was a key member of the launch of Christie's online auctions.
      She specializes in strategic management with a concentration in supply chain innovation for the art world. Roxanna served as Senior Vice President of Auctions and Private Sales at Artnet and was awarded a Webby Award.

    • Katya Kohen
      Partner at Amadeo, a New York-based VC firm / ex-co-founder of Starta Accelerator/Starta Ventures
      Comes with over a decade of experience in entrepreneurship and VC. She is an active angel investor, mentor at 500 Global and Techstars. Co-founded Starta Accelerator, an expansion of New York-based VC firm Starta Ventures. Total investments attracted by Starta portfolio exceeded $90M in both traditional VC rounds and crypto-assets. Achieved 12 exits for her funds in a 4-year time span generating 8x returns for LPs.

    • Daria Rzhavtseva
      Head of Business Development & Partnerships
      Art & Business Entrepreneur. 9 years in Business Administration / Art Market / Art+Tech


    • Jeff Eshleman
      Investment Relations
      Professional Investment Analyst / Portfolio Manager. CEO at Amadeo Global / Angel & VC


    • Anna Shvets
      Chief Communication Officer
      Art Manager & PR Manager. 20 years in Art Management / Cultural PR. CEO of TAtchers' Art Management


    • Victoria Zavyalova
      Head of Brand Culture and Storytelling
      Media professional. 10 years in content strategy & storytelling for tech products. Co-founder of The Vertical


    • Olena Yara
      SMM Manager
      Studies Law, Philosophy & Sociology. 3 years in SMM / Crypto Community


    • Alexey Kohanov
      Art Director
      Graphic Designer. 22 years in Design / UX / UI


    • Yana Barkova
      Designer & Photographer. 7 years in graphic / 3D design

    "The accelerator's mission is to bridge the gap between art and technology by supporting early-stage startups."
    TG Daily
    "The New York- grounded accelerator aims to make the art request more effective, transparent, and accessible."
    Tech Bullion
    "Fuelarts plans to invest the funds raised in solutions focusing on provenance, transactions, gamification, and more."
    American Entrepreneurship
    "The accelerator is providing tools that support founders of Art+Tech startups experienced in finance, development, supply chain and more."
    CEO Magazine
    "Unlike many sectors, the Art+Tech market thrived under pandemic conditions. During COVID, art-focused startups raised nearly 60% of the industry's total investment over the last two decades."
    Yahoo Finance
    "Fuelarts accelerator intends to become a VC, which would help startups adapt their business models to shifting market demands."
    Market Watch
    want to know more?
    Fuel Arts LLC | 29 Little West 12th St., New York, NY, 10014
    Telegram @Fuelarts_Accelerator

    Please feel free to contact:

    Daria Rzhavtseva, Head of Business Development & Partnerships