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Austrian scaleup refurbed snaps up €45.4 million to grow its refurbished electronics marketplace

Refurbed, a leading marketplace for refurbished electronics who we included in our 2021 list of 10 promising circular economy startups to watch, has raised around €45.4 million in a Series B funding led by Evli Growth Partners and Almaz Capital. They are joined by existing investors such as Speedinvest, Bonsai Partners and All Iron Ventures,… …

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Berlin-based Grover lands $1 billion (€847 million) to boost the circular economy with its consumer tech subscription

German scaleup Grover, a European market leader in consumer tech subscriptions, today announces it has secured over $1 billion (around €847 million). It will use the fresh funds to democratize access to tech, while tackling the world’s prolific ‘e-waste’ problem. Founded in 2015, Grover enables people and businesses to rent technology on a monthly basis,… …

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Advice from a VC: Why creating a sustainable business will put you in front

Sustainability-focused startups are getting back on the radar of many VCs. A quick look at recent CrunchBase data clearly underlines this trend, with total funding volume for sustainability-related companies showing significant growth especially in the last 18 months. And while some investors might painfully recall the capital-intensity of the (how it was then called) first… …

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