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Wireless

Back Market raises USD 48 mln to expand marketplace of refurbished products

Thursday 14 June 2018 | 11:10 CET | News
Back Market, a marketplace dedicated to the sale of refurbished electronic products, has successfully closed a funding round amounting to USD 48 million from investors Groupe Arnault, Eurazeo, Aglae Ventures and Daphni. This brings to USD 55 million the total capital raised by the company. Founded in France in 2014, the start-up has recently expanded into the US market after establishing a presence in five European countries (France, Germany, Italy, Spain and Belgium).

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Categories: General / Mobile & Wireless
Companies: Back Market
Countries: France / World
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