After reaching profitability, Refurbed secures €50m to grow secondhand tech marketplace

Refurbed has raised €50m to expand its refurbished electronics marketplace across Europe.

The round was led by angel investor Alex Zubillaga, one of Spotify’s earliest backers, and Orilla Asset Management, backed by the Riberas family, one of Spain’s most prominent business dynasties. Existing investors Evli Growth Partners, Bonsai, Almaz, C4 Ventures, and Speedinvest also joined in.