Israeli “chip health” startup proteanTecs raises $35 million

Israel-founded “electronics health” startup proteanTecs has landed a $35 million funding round from a group of VCs including Avigdor Willenz, Intel Capital, ITI Venture Capital Partners, Mitsubishi UFJ Capital, Redline Capital Management S.A., Viola Ventures, WRVI Capital, Zeev Ventures, and others. This round brings the total amount raised by the company to some $50 million. […]

French refurbished electronics marketplace Back Market raises $48 million to double down on North America

French startup Back Market has secured a funding round of $48 million from Groupe Arnault, Eurazeo, Aglaé Ventures, and Daphni. The company intends to use the money to grow its refurbished electronics marketplace globally, with a particular focus on the North American markets. Founded in 2014, Back Market works with certified refurbishers, distributors, and brands […]

Used electronics marketplace Certideal raises €2 million

Certideal, a marketplace for secondhand electronics, has raised €2 million in a funding round from Citizen Capital and Inter Invest Capital. The French startup plans to use the new funds to hire developers, build a new app for the service, and launch in Spain, UK, Italy, and Germany in 2018. The marketplace was launched in […]

Electronics rental marketplace Grover raises $11.7 million in debt funding

Grover, an electronics rental marketplace, has secured $11.7 million in asset-backed debt funding from Varengold Bank. The Berlin-based company runs a subscription service for users to rent consumer electronics through its partnership with German chain store MediaMarkt. According to the company, its subscription numbers have grown eight-fold over the last year. The new funding will […]