{"id":148113,"date":"2025-10-27T12:25:01","date_gmt":"2025-10-27T11:25:01","guid":{"rendered":"https:\/\/www.startupbusiness.it\/refurbed-closes-e50-million-funding-round-and-expands-into-europe\/148113\/"},"modified":"2025-10-28T18:02:15","modified_gmt":"2025-10-28T17:02:15","slug":"refurbed-closes-e50-million-funding-round-and-expands-into-europe","status":"publish","type":"post","link":"https:\/\/www.startupbusiness.it\/en\/refurbed-closes-e50-million-funding-round-and-expands-into-europe\/148113\/","title":{"rendered":"Refurbed closes \u20ac50 million funding round and expands into Europe"},"content":{"rendered":"\n

Refurbed, the European marketplace specialising in the sale of refurbished electronics, appliances and sporting goods, announces that it has closed its largest funding round since its foundation, raising \u20ac50 million. The operation was led by Alex Zubillaga, an investor in global companies such as Spotify, Fever and Wallapop, together with Orilla, the investment platform of the Riberas family, known for supporting major European marketplaces such as Vinted, Playtomic and Cabify. In addition, the operation saw strong participation from existing shareholders Evli Growth Partners, Bonsai, Almaz, C4 Ventures and Speedinvest. <\/strong><\/p>\n\n

Less than two years after signing the Series C round, this new financing confirms the strong acceleration of the circular economy market. With 40% year-on-year growth, Refurbed confirms its position as the category leader in the refurbished sector in Europe. In 2025, the company has achieved important milestones such as 40% growth, double-digit EBITDA, positive cash flow since March and the ambitious goal of reaching nearly \u20ac1 billion in GMV by the end of the year. <\/p>\n\n

In Italy alone, since its launch, Refurbed has recorded over \u20ac190 million in GMV and sold more than half a million products, confirming steady growth and rapidly expanding demand. <\/p>\n\n

“It has been another truly exceptional year,” said Peter Windischhofer, co-founder and CEO of Refurbed (pictured with the other co-founders), in a statement. “We achieved profitability in March, recorded 40% year-on-year sales growth and integrated artificial intelligence to increase revenues. <\/strong>All this supported our funding round and helped us accelerate our expansion plan. We have demonstrated that sustainability and economic performance are not at odds with each other, but go hand in hand. Now is the time to make refurbished products a common choice for everyone. <\/p>\n\n

With the new capital, Refurbed aims to expand into new markets and broaden its product categories, following five highly successful launches over the past year. Growth is also supported by partnerships with global brands such as Dyson, AEG and K\u00e4rcher, which have chosen to rely on Refurbed to offer their customers high-quality refurbished products. <\/p>\n\n

\u201cWe want to push the circular economy even further and help our sellers and partners grow faster,\u201d explains Kilian Kaminski, co-founder. \u201cWith this new funding, we are ready to bring our vision to millions of consumers across Europe.\u201d <\/p>\n\n

With European demand for refurbished products set to grow rapidly by 2030 (source: Consegic business intelligence), Refurbed confirms its leadership and its intention to guide markets towards a more responsible and innovative future. <\/p>\n\n

Refurbed plans to invest further in AI-based solutions, leveraging the benefits already visible in terms of efficiency, customer and seller experience, and environmental impact, where initial results show significant potential for reducing CO2 emissions. <\/p>\n\n

By choosing Refurbed as their purchasing platform, customers have already helped save 350,000 tonnes of CO\u2082, 1,136 tonnes of electronic waste and 116 billion litres of water since its foundation, a concrete testament to the company’s mission to make sustainable consumption an accessible and widespread choice. <\/p>\n\n

“We are excited to support refurbed, which continues to be a leader in the refurbished products market in Europe,” said Paco Riberas, chief investment officer at Orilla. “Our investment in the platform reflects our values of promoting responsible consumption, and their combination of rapid growth, profitability and partnerships with established brands positions them well for lasting success.”<\/p>\n\n

The new investment will enable Refurbed <\/a>to accelerate its expansion in Europe, reaching an ever-increasing number of customers, and to further consolidate its presence in key markets where it is already active. At the same time, the company intends to introduce new product categories to strengthen its offering as a one-stop shop for refurbished products. <\/p>\n\n

Furthermore, Refurbed will invest in sustainability initiatives that go beyond its core business, with the aim of further increasing its positive impact and making a decisive contribution to shaping the future of sustainable commerce in Europe. <\/p>\n","protected":false},"excerpt":{"rendered":"

The Austrian scale-up specialising in the sale of used electronic and sports products receives funding from a pool of investors<\/p>\n","protected":false},"author":125,"featured_media":148103,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1317],"tags":[2236,1143,1137,1323,1145],"companies":[3012],"journalist":[1518],"class_list":["post-148113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding-news","tag-europa-en","tag-investments","tag-italy-en","tag-scaleup-en","tag-venture-capital-en-2","companies-refurbed-en","journalist-editorial-staff-en"],"featured_sizes_urls":{"thumbnail":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2025\/10\/refurbed_founders.webp","width":150,"height":113,"crop":false,"srcset":false,"alt":"marketplace 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