Fairphone raised €49 million from a consortium of impact investors to strengthen its position in the sustainable electronics sector and enhance its mission for fairness and sustainability.

Target Information

Fairphone is a Dutch sustainable smartphone manufacturer dedicated to promoting fairness and sustainability within the electronics industry. Recently, the company successfully raised €49 million from an international consortium of impact investors and existing shareholders, including the Participatiefonds Duurzame Economie Noord-Holland (PDENH). This growth capital will enhance Fairphone's market position and elevate awareness around ethical and sustainable electronics.

The funds will be utilized to address existing loan obligations, facilitate partial exits for current shareholders, and support over 1,000 crowdfunders. This financial backing positions Fairphone to strengthen its operations and further its commitment to fair electronics.

Industry Overview in the Netherlands

The electronics industry in the Netherlands is experiencing a notable transformation towards sustainability and social responsibility. Consumers are increasingly aware of the environmental impact of electronic waste, fos