Refurbed secures £44 million in funding to accelerate growth in the UK market, led by Alex Zubillaga and Orilla.
Oct 22, 2025•4 days ago
Amount Raised
£44 Million
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech