Collektr secures US$1.3mil in pre-series A funding led by AC Ventures Malaysia

  • Set to grow throughout Asia and transform the souvenirs industry.
  • The Hive Southeast Asia, Creador Foundation &amp, 18 god owners take piece

Collektr said it has achieved strong growth, surpassing over 10,000 monthly active users.

Collektr, the first and premier livestream collectibles platform in the Asia-Pacific ( APAC ) region, has secured its pre-Series A funding round, bringing its total investment to US$ 1.3 million ( RM5.74 million ) to date. With its goal to change the collectibles marketplace across APAC, Collektr‘s modern role in the growing livestream commerce sector is highlighted by the investment.

Led by AC Ventures Malaysia, this square also saw contribution from The Hive Southeast Asia, Creador Foundation, and 18 popular angel investors, including seasoned managers and owners from different companies.

Building on the speed of Collektr’s plant large led by First Move, the new investment may fuel Collektr’s progress across the APAC area.

” We are honoured by the trust our investors have placed in Collektr’s vision to spearhead the future of collectibles and livestream commerce”, said Adlin Yusman ( pic, below ), CEO of Collektr. This funding enables us to expand rapidly throughout the APAC area, starting with Singapore, while also continuing to provide collectors with a powerful and stable platform. We invite regional businesses and retailers to meet us in creating a radiant ecosystem where enthusiasts can discover, link, and indulge their passions through creative livestream auctions.

Adlin Yusman making his pitch at the MDEC organised, Level Up Play in KL.

Ng Yi Chung ( pic ), Partner at AC Ventures Malaysia said,” Livestream commerce is a multi-billion industry that is growing rapidly. Collektr’s daring, revolutionary approach with the ability to perform live-bidding has really revolutionized how to delight and excite customers.Collektr secures US$1.3mil in pre-series A funding led by AC Ventures Malaysiacaptured the interest of regional buyers. We think they are heading in the right direction to fundamentally alter the world of souvenirs and live-streaming. This investment is n’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”.

Since its album in April 2023, Collektr claims it has emerged as APAC’s top video app for items. It offers over 100, 000 special, authorized products from a fast growing community of trusted dealers across high-demand groups like Trading Card Games, Comics, Sneakers, Handbags, and Art. Collektr’s commitment to quality, accountability, and safety sets it apart in the industry, with a thorough screening process for every seller and a strong dispute resolution system that ensures trust in every transaction.

Collektr reported that its growth rate exceeded the engagement metrics used by traditional e-commerce startups, surpassing over 10,000 monthly active users, and exceeded those of Collektr. Its expanding seller base and user loyalty strengthen its position as the market’s leader in an ever-evolving market, while its dynamic approach to livestream commerce has made it the go-to destination for collectors. It is actively seeking strategic partnerships with sellers, merchants, and collaborators to enrich its marketplace with exclusive, rare, and unique items.

The startup is working hard to create a safe, entertaining, and rewarding marketplace for all by creating a vibrant collector community across APAC and invites sellers and potential partners from across APAC and beyond to participate in its journey.

Adlin (4th from left) with the Collektr team. Co-founder Saida Azizi is 2nd from right.