refurbed, an Vienna-based market for refurbished electronics, family, and sports activities merchandise, has closed its newest funding spherical with a €50 million increase so as to speed up its European growth – significantly into the UK market – and additional develop its platform for sustainable, AI-driven recommerce.
The spherical was led by Alex Zubillaga, along with Orilla, funding platform of the Riberas household, with robust participation from current shareholders Evli Progress Companions, Bonsai, Almaz, C4 Ventures, and Speedinvest.
“This was one other distinctive 12 months,” mentioned Peter Windischhofer, Co-founder & CEO of refurbed. “Profitability in March, 40% year-on-year gross sales development, and leveraging AI throughout our revenue-generation machine. All of this fueled our funding spherical and accelerated our growth plans. We proved that doing good and doing nicely aren’t opposites: they’re the identical playbook. Now could be the time to make refurbished mainstream.”
This increase by refurbed sits inside a broader, although comparatively restricted, 2025 funding panorama for refurbished-goods and recommerce platforms in Europe.
Investor curiosity in circular-economy marketplaces stays seen – for instance, Amsterdam-based DFF Ventures launched a €50 million fund focusing on vertical AI, recommerce, and market companies. Italy’s Fleequid raised €3 million in Seed funding to develop its market for used automobiles.
Regardless of this exercise, EU-Startups has not reported different main 2025 funding rounds for refurbished-electronics marketplaces, making refurbed’s increase notable throughout the sector – significantly given its profitability milestones and plans to enter the UK market.
refurbed has been a recurring presence on EU-Startups over time. We first profiled the corporate in 2021, when it secured €45.4 million to develop its refurbished-electronics market, adopted by additional protection of its €54 million Sequence C spherical in 2023. Co-founder Peter Windischhofer additionally appeared on the EU-Startups Podcast, discussing the corporate’s sustainable-consumption mission and European development.
Moreover, refurbed has engaged with the broader startup ecosystem by its participation within the EU-Startups Summit, the place its management has shared insights on scaling circular-economy ventures.
Co-founder Kilian Kaminski has contributed a number of visitor articles to the platform, additional underlining refurbed’s ongoing relationship with EU-Startups and its function in Europe’s green-tech and recommerce dialogue.
“We’re excited to again refurbed as they proceed to guide the refurbished class in Europe,” mentioned Paco Riberas from Orilla. “Our funding in refurbed aligns with our values of selling extra accountable consumption, and their mixture of speedy development, profitability, and robust model partnerships uniquely positions them for long-term success.”
Based in 2017 by Peter Windischhofer, Kilian Kaminski and Jürgen Riedl, refurbed is a number one on-line market for refurbished merchandise and the fastest-growing in Europe. refurbed now employs virtually 300 individuals.
The corporate affords professionally refurbished and extra sustainable merchandise with a minimal twelve-month guarantee. {The marketplace}’s vary contains greater than 45,000 merchandise as much as 40% cheaper than shopping for new – from smartphones, laptops and tablets to family home equipment, e-bikes and sports activities equipment.
refurbed is presently lively in twelve international locations: Austria, Denmark, Germany, Eire, Italy, Sweden, the Netherlands, Belgium, Finland, the Czech Republic, Switzerland and Portugal.
Because it enters its subsequent section of development, refurbed is setting its sights on the UK – one in all Europe’s largest and most digitally superior markets, representing a significant milestone in its European growth technique.
Within the UK, rising demand for sustainable know-how meets a transparent hole in provide. Regardless of contributing over £7 billion yearly to the financial system, the corporate outlines that the re-commerce sector nonetheless lacks dependable, high-quality refurbished tech choices. With over 100 million unused telephones sitting in drawers throughout the nation, of which 33 million could possibly be restored for reuse, refurbed sees a big alternative to carry extra units again into the round financial system.
In 2025, refurbed hit a number of main monetary milestones. The corporate delivered double-digit EBITDA profitability and has been cash-flow constructive since March 2025. For FY2025 the corporate goals to get near £860 million in gross merchandise worth.
Via its platform, refurbed have processed 9 million units, serving 4 million prospects throughout 12 European markets. A market chief in Germany and Austria, the corporate’s development has concurrently delivered vital environmental outcomes, reportedly saving 350,000 tons of CO₂, 1,136 tons of digital waste, and 116 billion liters of water.
Because the UK pushes ahead on its Web Zero targets, Proper to Restore laws, and e-waste discount targets, refurbed goals to assist these nationwide priorities whereas serving to customers make smarter, extra sustainable decisions – because it prepares to enter the market.
