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Young Estonian Startup Upty Acquires Their Larger Finnish Competitor And Opens Up Seed Round

Young Estonian Startup Upty Acquires Their Larger Finnish Competitor And Opens Up Seed Round

04/25/22, 8:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/EE.svgtallinn
Industry
consumer goods
health care
commerce and shopping
Round Type
seed
Estonian startup Upty, the leading resale e-store in the Baltic region, is pleased to announce the acquisition of its Finnish peer, Rekki. In addition, Upty is planning to kick-start the fundraising in the coming months in order to pursue the Company's accelerated expansion across Europe.

Company Info

Company
Upty
Location
tallinn, harju maakond, estonia
Additional Info
The Estonian clothing reseller company was created in 2020 with its main goal being to reduce consumption and the impact of fast fashion on the environment. UPTY plans to expand out of fashion on the future and "circulate" as many things as possible all over the world. UPTY currently operates in Estonia, Latvia, Lithuania and Finland. This year, UPTY has started to enter German market and has further expansion plans for 2022-2023 in France, Italy, Spain, Poland, Czech Republic, Netherlands, Sweden and Norway. http://upty.ee Logo - https://mma.prnewswire.com/media/1760079/UPTY_Logo.jpg SOURCE UPTY