Announced
Completed
Financials
Sources
Tags
Austria
Online and Social Platforms
Single Bidder
Private
Minority
Friendly
Cross Border
marketplace
Acquisition
Private Equity
Venture Capital
Completed
Synopsis
Evli Growth Partners and Almaz Capital, the venture capital firms, led a $54m Series B round in Refurbed. Additional investors included Speedinvest, Bonsai Partners, All Iron Ventures, Hermes GPE, C4 Ventures, SevenVentures, Alpha Associates, Monkfish Equity, 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.
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