Vienna Based Startup Refurbed Receives Investment

Vienna-based startup Refurbed has received $57 million in Series C funding to expand its renewed electronics market. It is taking on the significant environmental impacts of the electronics industry and aims to put more usable technology into the hands of those who can best use it. Refurbed, which operates in Italy, Sweden, Denmark, Ireland, the Netherlands, as well as Germany and Austria, reached an important milestone in June this year, selling over €1 billion worth of products. It achieved profitability both in its home country and in its neighbourhood. It is also ahead of schedule for the Austrian and German markets in 2022.

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Refurbed

Meanwhile, we should mention Refurbed's Series C financing round. It was led by Evli Growth Partners and C4 Group with participation from All Iron Venture and Speedinvest.