Online refurbished technology marketplace Refurbed closes €54m fundraising

Online refurbished technology marketplace Refurbed has closed a $57 million fundraising round as it seeks to grow its business.

The Series C investment round was led by Evli Growth Partners and C4 Group. All Iron Venture and Speedinvest also participated in the oversubscribed round. The funding brings the total raised by Refurbed to date to $130 million, and will be used to expand the platform’s product offering to drive its goal of becoming the top platform for sustainable products and services. The company has already expanded beyond mobile devices into laptops, games consoles and household technology; among the new categories Refurbed plans to enter is sports, with electric bikes likely to be included.

Source: News Formal (newsformal.com)

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