News

January 11, 2022

Back Market becomes France's most valuable startup

The refurbished gadget platform raised $510m for a $5.7bn valuation


Chris O’Brien

3 min read

Back Market operates a marketplace that connects consumers with factories that sell refurbished consumer electronics.

French tech startups seem to be engaged in a furious race to the top. The latest victor in this frothy competition is Back Market, which has claimed the title of most valuable French startup on the heels of a $510m round announced today.

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Chris O’Brien

Chris O’Brien is a writer for Sifted. He covers French tech, and can be found on X and LinkedIn

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