The Fall 2021 Demo Day was held online
on Thursday, October 28th
THE FIRST DEDICATED ACCELERATOR THAT UNCOVERS THE POTENTIAL OF ART+TECH STARTUPS
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 Art+Tech startups accelerator
Denis Belkevich, Founder & CEO, Fuelarts

WHAT IS 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 Art+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
2021 DEMO DAY GRADUATES
ARTHERIUM
NFT Portfolio & Index App
Website
FRESHORTRASH
Barter Platform exchanging Goods & Services for Art
Website
SARTURN
Platform for Investments in Artistic Careers
Website
V-ART
Platform to Exhibit, Sell and Collect Digital Art
Website
FUELARTS NEWS
    Leadership
    Denis Belkevich
    Founder & CEO, Fuelarts
    An economist in the field of art, professional manager of cultural projects, art investment & collection management consultant. Denis graduated from Sotheby's Institute of Art. Expert in art management, art finance, art funds management.

    Held the position of Managing Director of the Contemporary Asian Art Fair at GAAB (Warsaw) and Project Manager of the Peter Konchalovsky Foundation (Moscow). Currently contributes as the International Development advisor to Cube.Moscow, 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 / 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.

      find out more...
    partners
    Mentorship
    • Natasha Le Tanneur
      Over 15 years of experience in all aspects of taking a start-up from concept to full funding and successful acquisition by Christie's Auction House.
      Founder of ArtPaie, Former Sales Lead Artnet & Collectrium

      LinkedIn
    • Katya Kohen
      Over 10 years of entrepreneurial experience in the startup ecosystem and corporate world. Invested in and mentored over 100 startups. Partner of Amedeo Global Investment Group, Ex-Executive Director Starta Ventures. Co-founder FMoney Club

      LinkedIn
    • Olga Frid
      International business consultant and founder of IFG Lab consulting firm with over 15 years of experience in business development. Co-founder of FMoney, investment initiative for women, mentor 500Startups, MassChallenge Boston

      LinkedIn
    • Maria Savelieva
      Established brand manager and marketing/digital marketing specialist in strategic media planning/finance and project development for 13 years in advertising agencies and retail trade companies like Lacoste, G-Star, Ecco, Camper etc.

      LinkedIn
    • Nanne Dekking
      Founder and CEO of Artory - the first standardized data collection solution by the art world, for the art world, New York/Berlin. Former Chairman of the Board of TEFAF

      LinkedIn
    • Tim Kompanchenko
      "Technology is not replacing what's happening in the art market. It's only enhancing it." — Timothy Kompanchenko, Artory's CTO. Former CTO & Innovation Lead Christie's

      LinkedIn
    • Danny Setiawan
      Founder of CoCreate Consulting, the combination of Enterprise, startup, and educational experience. Yahoo! Finance, The Economist, PwC, Pitney Bowes, and more

      LinkedIn
    • Terry Choi
      The experienced investor and entrepreneur with a history of working in the private capital market. Financial analyst for Amadeo Global Investment Group

      LinkedIn
    • Diego Berrio
      Investor & Advisor in Venture Capital, Private Equity, Private lending, Corporate Finance and Strategic Planning. Diego has excelled in fundraising, capital deployment, team formation as well as in financial management and strategic advisory. Managing Partner at 13Ventures, New York. Managing Partner at Amadeo Global, New York

      LinkedIn
    • Petr Voynitskiy
      Business Development Director with 15 years of experience, founder of RadioButton Tech Production. For the last 5 years, Petr has been developing and integrating software solutions such as blockchain ecosystems. One of the most successful projects is Sansera - a multi-purpose software for token issuance and moving business to the Blockchain

      LinkedIn
    DELOITTE ART & FINANCE
    GLOBAL REPORT 2019
    Download Deloitte Art & Finance Global Report 2019 containing an Art+Tech report by Roxanna Zarnegar and Denis Belkevich

    (pages 177-179)


    ENQUIRIES FOR 2022
    In 2022, Fuelarts accepts enquiries from the startups based on the six sections of the art market
    Transparency
    Education, Artists, Provenance, Collectors
    Transitions
    Staffing, Shipping, Storage, Inventory Management
    Traction
    Auction & Dealer Sales, Marketing Activity, Indices, Forecasting
    Transactions
    Marketplaces, Lending, Contracts, Payments, Pricing, Investments
    DISPLAY
    AR, VR, MR, OVR
    GAMIFICATION
    NFT, DeFi, Game Art
    The Art Market Capacity
    PAM

    $50.1 billion vs. $3 trillion

    The annual turnover of art trade in 2020 equaled $50.1 billion, consisting of the public, private, and online art market trade. Thus, the turnover is only 1.7% of the global $3 trillion market – the total value of artworks in private possession that are constantly stored, moved, and professionally managed
    TAM

    $16,6 billion vs. $3.5 billion

    In 2020, there were 305,250 businesses operating in the global art and market, employing close to 2.9 million people. In total they spent above $16.6 billion on supporting art services, from which $3.5 billion was Art+Tech
    SAM

    $12,4 billion vs. $6,0 billion

    The share of online sales in 2020 has reached a record high of $12.4 billion, doubling in value from 2019. 54% of millennial art buyers and 60% new art buyers expressed their interest and confidence in buying art online. 90% of HNWI collectors visited a digital art fair or gallery in 2020
    SOM

    $680 million vs. $290 million

    Throughout 20 years, from 2000 to 2019 Art+Tech startups received $680 million through direct investments. In 2020-2021 the corresponding amount has already reached $290 million
    want to know more?
    Please feel free to contact:

    Sonya Stubblebine, Project Manager for Fuelarts
    info@fuelarts.com