Vienna-based startup, Refurbed, secures $57 million in Series C funding to expand its refurbished electronics marketplace. With this investment, the company will continue to give consumers the power to purchase refurbished technology in a more accessible, risk-free, and more sustainable manner.

Peter Windischhofer, co-founder and chief executive officer, Refurbed, said: “This milestone not only marks a significant achievement for Refurbed, but also signals the wider market’s shift towards embracing sustainability in consumer choices.

“Our scalable business model enables us to both grow profitably and make consumption more sustainable. A win-win for us and our planet,” he added.

Refurbed has recently been named as the winner of the Tech Tour Growth50 Sustainability Award, competing against over 300 European companies, and Kaminski, Riedl and Windischhofer have been named the “EY Entrepreneur of the Year 2023”. The company is at the forefront of assisting customers in reducing their carbon footprint and e-waste.