2 years ago
Circular Economy Startup Reboxed Raises £1.6 Million Seed Round Led by ACF Investors
Reboxed, a London-based startup tackling e-waste, has raised £1.6 million in a seed round led by ACF Investors
The company partners with brands to offer refurbished electronics to consumers, promoting a circular economy
The funding will support team expansion, technology development, and brand scaling.
ProblemTechnology
"e-waste is a growing problem, with over 50 million metric tons generated globally each year. Consumers are often forced to choose between buying new, expensive electronics or settling for low-quality refurbished options. Brands are struggling to meet their sustainability goals and offer a responsible alternative to consumers."
Solution
"Reboxed offers a platform that allows brands to embed refurbished electronics into their e-commerce solutions, giving consumers access to high-quality, great value tech. This helps brands achieve their sustainability goals and provides consumers with a more responsible option."