Money is pouring into the European refurbished electronics space. Earlier this week Finnish startup Swappie announced €108m in Series C funding. This came a month after French online marketplace Back Market closed a $510m Series E round (becoming France’s most valuable startup in the process), and barely six months after Vienna-based refurbed raised $54m in Series B funding.
Analysis
February 17, 2022
Money for old phones — but can the refurb boom last?
Companies selling refurbished electronics have raised more than €1bn, but just how much money is there in old mobile phones?
8 min read
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<z>Dnb wg vud ols vtswb ruxqeev?</r>
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<a>Empc cas wsd — mmi pud? </k>
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Back Market becomes France's most valuable startup
The refurbished gadget platform raised $510m for a $5.7bn valuation
Vienna's refurbed raises $54m for refurbished electronics
The raise comes only a year after its last funding round, as the four-year-old startup looks to expand into multiple new European markets.


