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Award-winning talent agency MTArt has today announced it has landed a 1 million GBP (USD 1,22 M) investment to expand into the Middle East.
MTArt Agency has secured this investment from Shift W.L.L, looking to raise funding that would build a strong local team. Shift W.L.L has also signed the company’s B Corp legals.
Marine Tanguy, Founder and CEO of MTArt Agency, comments: “I am thrilled to announce our expansion to the Middle East. A fast-growing market for public art projects, art sales, and brand partnerships, it has contributed over $92 billion to the global art market in 2018, and is predicted to spend $111 billion by 2023. The opportunities to develop exciting projects for brands, public bodies and cultural organisations are endless. It is also perfect timing for us, as we’ve already been working in the region on Hyundai’s ‘Goal of the Century’ campaign for the upcoming FIFA World Cup with our artist Lorenzo Quinn. The team and the office will be ready to open in time for kick off in November.”
Founded in 2015 by Forbes 30 Under 30 entrepreneur Marine Tanguy, MTArt Agency has seen impressive growth in recent years. Expanding from a small entity in the UK to the world’s leading talent and creative agency for contemporary artists, it now has offices in four different countries and key markets. Its valuation now sits at £35 million, having also landed significant investment from visionary impact investor Todd Ruppert earlier this year.
