Catawiki, an auction site for collectibles where every lot starts at 1 euro, has raised $82 million in a new round of funding.
The investment in the Netherlands-based site was led by Lead Edge Capital – previous investors in the likes of Alibaba and Delivery Hero – and involved Accel and Project A Ventures, according to the company.
Catawiki has set its sights on the established online auction site eBay as well as a number of other online auction websites, but the founder told CNBC that its unique selling point lies in the fact that it sells "exceptional objects".
"EBay started off selling collectibles, but it has now become more like Amazon where it is mostly buying new things," René Schoenmakers, CEO of Catawiki, told CNBC by phone.
"What you see in our space are many traditional auction houses, but they are aimed at very high-end things. But we are not after paintings of tens of millions of euros."