Herbst Kinsky has advised Refurbed on its Series C financing round totaling EUR 54 million from investors including Evli Growth Partners, C4 Ventures, All Iron Ventures, and Speedinvest.
According to Herbst Kinsky, “the green tech start-up has been operating an online marketplace for refurbished products since 2017. The current Series C round doubles the company’s valuation and the total investment since its foundation increases to around EUR 116 million. Refurbed plans to use the fresh capital to continue its expansion in Europe and further expand its market leadership in the industry.”
In 2021, Herbst Kinsky advised on Refurbed’s Series B round (reported by CEE Legal Matters on August 16, 2021).
The Herbst Kinsky team included Partner Florian Steinhart and Attorney at Law Leon Berg.
Herbst Kinsky did not respond to our inquiry on the matter.