IDEABLE WORKS raises about ¥180m Series A for digital galleries
The HACKK TAG operator will invest in displays, distribution software and gallery expansion.
IDEABLE WORKS announced an approximately ¥180 million Series A equity financing on 28 October. The Kyoto company operates HACKK TAG, a platform connecting artists, artwork sales and digital galleries.
Participants were Light Up Ventures No. 1 Investment Limited Partnership, KCAP Venture No.1 Fund, Mitsubishi UFJ Capital 10 Investment Limited Partnership, AFA LLC, Innovation Discovery Fund II and nonprofit very50.
The Kyoto company will develop dedicated digital art frames, expand gallery locations and improve its content management and distribution software. HACKK TAG connects artist profiles and artwork sales with digital displays in physical venues.
Use of funds
Expand gallery sites
Develop digital art frames
Develop art content management and distribution platform