Fuelarts

Fuelarts is a New York-based accelerator focused on enhancing the art market's efficiency, transparency, and accessibility. Founded by industry veterans Roxanna Zarnegar and Denis Belkevich, the organization specializes in supporting Art+Tech and NFT startups. Fuelarts provides essential tools and mentorship to entrepreneurs in the art and technology sectors, leveraging expertise in finance, development, and supply chain management. By bridging the gap between traditional art practices and emerging technologies such as NFTs and blockchain, Fuelarts aims to foster innovation and encourage investment in this evolving market.

Denis Belkevich

General Partner

13 past transactions

AX

Angel Round in 2025
AX is the first Data & AI-powered Accelerator-as-a-Service, generating momentum by cutting investment deals timeframe from months to days with one click. Leveraging decades of global data analysis on investments, we’re on a mission to lead investment in the $3T Global Creative Economy market with expansion into other industries.

ArtSquare.io

Non Equity Assistance in 2023
ArtSquare.io is a blockchain-based platform that facilitates investment in fine art by making it accessible to a wider audience. The platform enables users to buy and sell fractionalized shares of contemporary artworks, sourced from artists with established reputations and international markets. By issuing Digital Art Shares, ArtSquare.io allows investors to engage with the art market in a simplified manner, akin to trading shares in a public company. This innovative approach democratizes art investment, catering to various budgets and enabling participation in the ownership of both digital art and collectibles.

NFT Biennial

Non Equity Assistance in 2023
NFT Biennial is a global platform that unites artists, collectors, and curators, showcasing NFT artworks in both digital and physical galleries. It specializes in organizing art events and exhibitions that bridge the traditional art world with the NFT ecosystem, creating interactive experiences that explore the relationship between nature, humans, and technology.

AerariumChain

Non Equity Assistance in 2023
AerariumChain operates at the intersection of art, technology, and finance, offering innovative solutions for museums, foundations, and private collectors. The company specializes in monitoring the condition of artworks through high-definition 3D scans, which are repeatedly conducted over time. Utilizing blockchain technology, AerariumChain ensures data certification while employing AI algorithms to detect any signs of degradation. Additionally, the company facilitates fundraising for artwork preservation through a unique type of NFT known as NFTmicro. This approach not only enhances the protection of valuable art but also enables stakeholders to engage in financial support for preservation efforts.

Ikonospace

Non Equity Assistance in 2023
Ikonospace is a software company that empowers users to create, manage, and share virtual exhibitions. Its platform enables anyone, particularly exhibition designers and artists, to build and populate 3D exhibition spaces with artworks. These virtual exhibitions can be accessed via mobile devices, computers, and virtual reality, making Ikonospace an innovative tool for showcasing and experiencing art in immersive digital environments.

Cheyni

Non Equity Assistance in 2023
Cheyni is a pioneering video streaming platform that leverages Web 3.0 and AI technologies to enhance audience engagement. It enables creators to launch interactive campaigns, while viewers can track their viewing history and connect with like-minded enthusiasts using personalized Membership Wallets. The platform's unique 'Watch & Earn' loyalty program rewards users for their engagement. Cheyni primarily serves the entertainment and blockchain sectors, offering innovative solutions for content streaming and audience interaction.

phygital.plus

Non Equity Assistance in 2023
phygital.plus is an artificial intelligence workplace for visual creators and digital teams. They combine artificial intelligence networks in no-code tools with creativity and professional workflows. phygital.plus platform consists of tiling textures, upscaling images, image to text prompts, prompt extends, face restoration, and outpainting.

M1X Labs

Non Equity Assistance in 2023
M1X Labs, established in 2023 and based in San Francisco, specializes in developing a decentralized application (dApp) focused on art and music discovery. The company enables users to create and mint personalized playlists as non-fungible tokens (NFTs) on the Tezos blockchain, fostering a unique and engaging discovery experience. By leveraging the FA2 token standard, M1X Labs facilitates a scalable referral network, incentivizing users through an affiliate-marketing model. This not only expands the reach of artists and collectors but also creates a transparent record of playlist ownership and curation.

Tamago Labs

Non Equity Assistance in 2023
PromptSea consists of a marketplace to trading prompts and AI-works and the KMS that protects the exclusive data sharing to token holders. It launched on Mainnet since October 2022 and currently supports a number of blockchains including Polygon, BNB, and Tezos. It was also accelerated by the FuelArts x Tezos accelerator program in early 2023.

Kaleido Art

Non Equity Assistance in 2023
Developer of an art publication platform designed to empower visual artists with tools for storytelling about their artwork. The company's platform transforms the way fine art is shared and experienced online and offline, enabling visual artists to showcase their work to a wider audience and transform the way art is perceived.

Artherium

Pre Seed Round in 2021
Artherium operates an NFT platform designed to aggregate and manage digital art collections. The platform provides users with a comprehensive index that reflects the current valuation of their NFTs, facilitating informed decision-making for collectors. By securely storing all data on the blockchain, Artherium enhances collection management and enables direct peer-to-peer trading. This approach offers a safe and efficient method for purchasing artworks from galleries and art dealers, ensuring transparency and accessibility in the primary art market.

Sarturn

Pre Seed Round in 2021
Sarturn is a platform that facilitates the purchase of digital artwork, including still images and animations, directly from artists. It enables art enthusiasts and collectors to acquire and appreciate digital art, while supporting creators through direct engagement and potential future resales.
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