Circular economy firm refurbed has closed its latest funding round at £44 million as it prepares to launch in the UK.

The Vienna-founded company is Europe’s fastest-growing marketplace for refurbished electronics, household and sports products.

The round was led by Alex Zubillaga, investor in Spotify, Fever and Wallapop, together with Orilla, investment platform of the Riberas family – known for backing leading European marketplaces such as Vinted, Playtomic and Cabify, with strong participation from existing shareholders Evli Growth Partners, Bonsai, Almaz, C4 Ventures, and Speedinvest.