MobileSoftwareTechnology

Austrian Recommerce Platform Refurbed Secures €50 Million for UK Market Expansion

Austrian recommerce marketplace refurbed has secured €50 million in funding to accelerate European expansion, with particular focus on the UK market. The platform, which specializes in refurbished electronics and household goods, reportedly achieved profitability and significant environmental savings through its circular economy model.

Major Funding Round for European Expansion

Austrian recommerce marketplace refurbed has closed a substantial €50 million funding round to accelerate its European expansion, with particular focus on entering the United Kingdom market, according to recent reports. The Vienna-based platform, which specializes in refurbished electronics, household, and sports products, will use the capital to further develop its sustainable, AI-driven recommerce platform.

BusinessInnovationStartups

Secondhand Fashion Marketplace Yaga Secures €4 Million for Global Expansion Drive

Yaga, the Tallinn-based secondhand fashion marketplace, has reportedly secured €4 million in fresh funding to accelerate global expansion. The platform’s successful growth in South Africa demonstrates the increasing mainstream adoption of circular fashion economies worldwide.

European Secondhand Fashion Platform Expands Globally

Tallinn-based Yaga, a rapidly growing online marketplace for pre-owned fashion, has reportedly raised €4 million in a pre-Series A funding round, bringing its total funding to €7.2 million. According to reports from EU-Startups, the investment will primarily support the company’s expansion into Middle Eastern and North African markets while strengthening its existing operations.