refurbed bags major funding and eyes new markets

Refurbished electronics startup refurbed has announced a $17 million Series A round of funding led by Evli Growth Partners.

Almaz Capital, Bonsai Partners, All Iron Ventures and FJ Labs took part as new investors. Existing backers Klaus Hofbauer and Inventure Partners also participated.

refurbed is active in Austria, Germany, Poland and Italy, and plans to use the capital to expand to additional markets in 2020.

Peter Windischhofer, Co-founder, says: “Our mission is to bring one refurbished product into every household in Europe and change the way we consume as a society. This funding round is the next big step to reach our ambitious goal.”

Riku Asikainen, Managing Partner at Evli Growth Partners, adds: “We admire the refurbed team that manages to have a positive impact on the world and is financially successful at the same time.”

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