refurbed secures 50 million euro investment

Europe's online marketplace for refurbished electronics, household and sports products, refurbed, has closed a new financing round of 50 million euros. The round is led by Alex Zubillaga, investor in Spotify, Fever and Wallapop, and Orilla, the investment platform of the Riberas family. Existing shareholders such as Evli Growth Partners, Bonsai, Almaz, C4 Ventures, SevenVentures and Speedinvest are also participating again.

With this financing round, the Vienna-based company aims to consolidate its market leadership, accelerate its expansion into other European markets and drive forward technological developments, particularly in the field of artificial intelligence (AI).

Investors focus on sustainable growth

The new financing round underlines investors' confidence in refurbed's business model. Just two years after the Series C investment, they confirm that the circular economy is increasingly seen as sustainable and economically attractive.

We are pleased to support refurbed in expanding its market position. The combination of strong growth, profitability and successful partnerships ideally positions the company for long-term success.

Paco Riberas

Profitability and sales growth as a basis

refurbed has recorded around 40% year-on-year sales growth in 2025 to date and achieved profitability at overall company level in March 2025. The company is targeting external sales of around EUR 1 billion for the current year.

Following profitability and strong sales growth, we now want to initiate the next phase of expansion. Our goal is to make refurbished products mainstream in Europe.

Peter Windischhofer, co-founder and CEO refurbed

Planned expansion and technological investments

With the new financing, refurbed aims in particular to

• Enter more European markets (the company is currently active in 11 countries),
• expand product categories and extend the 360-degree range,
• develop AI-supported solutions to improve efficiency, customer experience and sustainability impact.

Internal pilot projects are already showing potential for reducing CO₂ emissions and automating central processes. In addition, new services are to be created for partners and vendors in order to accelerate the growth of the circular economy as a whole.

Germany as a growth driver

Since its foundation in 2017, refurbed has generated external sales of around 1.5 billion euros in Germany and sold more than 5 million refurbished products. The strong customer loyalty and recurring purchases show that refurbished products are increasingly being accepted as a normal consumer option.

"Germany is our most important market. The growing customer loyalty and trust in our products confirm that sustainable consumption works and is in demand," says Windischhofer.

refurbed actively contributes to saving tens of thousands of tons of CO₂, hundreds of tons of electronic waste and billions of liters of water through its marketplace. The company is thus demonstrating that sustainable consumption can be economically successful and have an ecological impact at the same time.