2 years ago

Reboxed® Secures €1.8 Million to Tackle E-Waste

  • Reboxed®, a London-based circular economy startup, has secured €1.8 million in seed funding led by ACF Investors

  • The company aims to rehome 100 million electronic devices by 2030 and will use the funds to drive growth and further develop its retail partner programmes and Reboxed for business service

  • Reboxed® offers premium refurbished and pre-owned devices including phones, laptops, tablets and smart watches through a “like new” experience that focuses on quality, consistency and a genuinely circular approach

  • The company has rapidly grown by enabling clients in the telecom sector such as Three Mobile launch a refurbished technology offering to customers of SMARTY, its sim-only brand, without having to invest in the infrastructure.

      • ProblemTechnology

      "The world is facing a growing e-waste crisis, with over 50 million tonnes of electronic waste generated each year. This waste is harmful to the environment and contributes to climate change. Consumers are increasingly looking for more sustainable ways to buy and sell technology, but often face a compromised customer experience when it comes to refurbished products."

      Solution

      "Reboxed® provides a platform that connects businesses and customers with a better and more sustainable way to buy and sell technology. They offer premium refurbished and pre-owned devices, including phones, laptops, tablets, and smartwatches, through a “like new” experience that focuses on quality, consistency, and a genuinely circular approach. This allows businesses to achieve their climate goals while providing consumers with a high-quality, hassle-free experience."

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