Observed Signal · Oct 22, 2025 · Funding · Source: Trending Topics · Impact: 2/5 · Sentiment: Positive
Refurbed raises €50M after reaching profitability
Austrian scale-up Refurbed has completed a €50 million funding round, led by US investor Alex Zubillaga, with participation from Orilla and existing investors Speedinvest, Evli Growth Partners, Bonsai, Almaz, and C4 Ventures. The company reached profitability in March 2025 and achieved 40% year-over-year growth. The funds will be used for further market expansion in Europe, following recent entries into Belgium, Finland, Portugal, and the Czech Republic. Refurbed operates a marketplace for refurbished electronics, offering 45,000 products across 11 countries. The round follows a 20% workforce reduction in February 2025, attributed to geopolitical and regulatory conditions. Previously, the company raised $54M in Series B (2021) and $57M in Series C (2023). Competitors include BackMarket and Swappie. The global refurbishment electronics market is projected to grow from $54B in 2024 to $118B by 2032.
Funding round for a European e-commerce marketplace, indicating growth in the refurbished electronics sector, which may indirectly impact e-commerce advertising.
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Key Takeaways & Evidence Grounding
- Refurbed raised €50 million in a funding round led by Alex Zubillaga.
- The company reached profitability in March 2025.
- Refurbed plans to expand into new European markets with the fresh capital.
- Refurbed laid off 20% of its workforce in February 2025.
- Refurbed operates in 11 European countries with 45,000 products.
Connected Companies & Entities
5 Entities mapped“Das österreichische Scale-up Refurbed hat eine Finanzierungsrunde in Höhe von 50 Millionen Euro abgeschlossen....”
“Zu den teilnehmenden Bestandsinvestoren gehören Speedinvest, Evli Growth Partners, Bonsai, Almaz sowie C4 Ventures....”
“Der US-amerikanische Investor Alex Zubillaga hat zuvor in Unternehmen wie Spotify und den spanischen Marktplatz Wallapop investiert....”
“Orilla, das Investmentvehikel der spanischen Familie Riberas, hat bereits in Vinted und Cabify investiert....”
Ontology Mapping & Concepts
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