AuctionTech and a focus investment of German Startups Group, has formed a partnership with star auctioneer Simon de Pury for the launch of a global online live video auctioning technology. Simon de Pury, a leading figure in the international art market, has, over the course of his career, secured a substantial number of the most legendary art collections for auctions and private treaty. He founded the third largest auction house worldwide, Philipps de Pury, was Chief Auctioneer Wordwide at Sotheby's and is an active charity auctioneer, who raised hundreds of millions for foundations such as the Leonardo DiCaprio Foundation or the Prince Albert II. of Monaco Foundation. Together with de Pury AuctionTech has developed an innovative live video online auctioning format which enables live auctions to be broadcasted via the internet from anywhere in the world in true real time. Customers from all over the world can participate and bid in real time from any device. The auction itself will be broadcasted in highest image and sound quality via livestream without the otherwise usual 3-5 seconds latency. By doing so, AuctionTech sets a new standard for the facilitation of digital auctions worldwide.