Kitar, a rising player in the refurbished technology space, has successfully raised €10 million in a pre-Series A funding round. The investment reflects growing confidence in business models that prioritise reuse and sustainability, particularly as demand for refurbished devices continues to increase across global markets.

The company focuses on giving electronic devices a second life through refurbishment and resale, reducing the need for new manufacturing and limiting environmental impact. By streamlining the process of collecting, repairing, and redistributing used technology, Kitar aims to make circular practices more efficient and scalable.

With fresh capital in place, Kitar plans to expand its operations, invest in technology, and strengthen its market presence. The funding will also support efforts to improve logistics and quality control, ensuring that refurbished devices meet high standards while remaining affordable. This move positions Kitar as a key contributor to a more sustainable and resource-efficient tech industry.