refurbed successfully raised €50 million in its largest funding round to date, aimed at accelerating its European expansion and promoting sustainable consumption in the refurbished products market.
Target Overview
refurbed, Europe's fastest-growing marketplace for refurbished electronics and household products, has successfully closed its largest funding round to date, raising €50 million. Founded in 2021, the company has rapidly established itself as a leader in the circular economy, demonstrating significant growth with an impressive 40% year-on-year revenue increase. Co-Founder and CEO Peter Windischhofer emphasized the company's commitment to making sustainable consumption mainstream while achieving double-digit profitability and being cash-flow positive since March 2025.
As part of its strategy, refurbed plans to expand into new markets and product categories, leveraging partnerships with notable global brands like Dyson, AEG, and Kärcher. This funding round not only highlights the company’s strong growth trajectory but also its role in promoting responsible consumption through refurbished products.
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Industry Overview
The global refurbished electronics and household products industry is poised for significant growth, with projections indicating a market size of €102.28 billion by 2032. This surge is largely driven by increasing cons
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Disclosed details
Transaction Size: $53M
Revenue: $1,062M