Observed Signal · Oct 22, 2025 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
Refurbed closes £44 million round as it targets UK expansion
Vienna-founded refurbed, an online marketplace for professionally refurbished electronics, home, and sports goods, has raised £44 million in its latest funding round. The round was led by investor Alex Zubillaga alongside Orilla, the Riberas family's investment platform, with follow-on participation from existing shareholders Evli Growth Partners, Bonsai, Almaz, C4 Ventures, and Speedinvest. Refurbed plans to use the capital to enter the UK market, citing rising demand for sustainable technology and the large number of unused phones suitable for refurbishment. Founded in 2017 by Peter Windischhofer, Kilian Kaminski, and Jürgen Riedl, the company says it has processed 9 million devices and served 4 million customers across 12 European markets. The company reports 350,000 tons of CO2 avoided and 1,136 tons of electronic waste averted.
Refurbed is a leading European refurbished electronics marketplace; its £44M funding round and UK expansion signal growth in sustainable e-commerce, but the news has limited direct impact on the AdTech industry.
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Key Takeaways & Evidence Grounding
- Refurbed raised £44 million in a funding round led by Alex Zubillaga and Orilla.
- Existing shareholders Evli Growth Partners, Bonsai, Almaz, C4 Ventures, and Speedinvest participated in the round.
- Refurbed plans to enter the UK market as part of its European expansion.
- Refurbed was founded in 2017 by Peter Windischhofer, Kilian Kaminski, and Jürgen Riedl.
- Refurbed has processed 9 million devices and served 4 million customers across 12 European markets.
Connected Companies & Entities
5 Entities mapped“Vienna-founded refurbed, a marketplace for refurbished electronics, home, and sports goods, has secured £44 million in its latest funding ro...”
“Strong follow-on participation from existing shareholders Evli Growth Partners, Bonsai, Almaz, C4 Ventures, and Speedinvest....”
“Alex Zubillaga (an investor in Spotify, Fever, and Wallapop)...”
“Alex Zubillaga (an investor in Spotify, Fever, and Wallapop)...”
“Orilla, the Riberas family’s investment platform known for backing Vinted, Playtomic, and Cabify....”
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