Unicorn Nest news
Refurbed Raises $54M in Series B Funding
– Refurbed from Vienna is a marketplace for refurbished electronics in the German speaking region promoting sustainable consumption.
– Company raised $54m in Series B funding.
– The round was led by Evli Growth Partners and Almaz Capital, which joined existing investors such as Speedinvest, Bonsai Partners and All Iron Ventures, as well as a group of new backers – Hermes GPE, C4 Ventures, SevenVentures, Alpha Associates, Monkfish Equity (Trivago Founders), Kreos, Isomer Capital and Creas Impact Fund.
– The company intends to use the funds to strengthen its position in the DACH market for refurbished electronics and focus on geographical expansion by entering more European countries, further develop and improve its product portfolio as well as focusing on scaling its international team, employing specialists from all across Europe.