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Refurbed secures £44 million in funding to accelerate growth in the UK market, led by Alex Zubillaga and Orilla.

Oct 22, 20254 days ago

Amount Raised

£44 Million

ViennaRetail

Investors

SpeedinvestC4 VenturesAlmazBonsaiEvli Growth PartnersOrillaAlex Zubillaga

Description

Refurbed, a marketplace for refurbished electronics, has closed a £44 million funding round led by Alex Zubillaga, with support from Orilla and existing shareholders. The funding will help the company focus on expanding its operations in the UK, addressing the growing demand for sustainable technology. Founded in 2017, refurbed aims to make consumption more sustainable and reduce electronic waste. With significant market leadership in Germany and Austria, this funding will support its next phase of growth.

Company Information

Company

Refurbed

Location

Vienna, Vienna, Austria

About

refurbed is the fastest-growing online marketplace for refurbished products in Europe and one of the top companies in Austria, Germany and Switzerland according to Kununu. Our products look and function like new due to the 40-step refurbishment process, and they are cheaper and more sustainable than buying new. With the team of 300 people located all over Europe, we make sure to create a better and more sustainable future for our next generations and the world as a whole.

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