Valyuu, a Gorinchem, The Netherlands-based marketplace to sell & buy pre-owned goods, raised 2.4M in Seed funding.
The round was led by Rubio Impact Ventures and Slingshot Ventures, with participation from Techstars, Golden Egg Check Capital, Geert-Jan Smits (founder of Flinders.nl) and Kees Verpalen (founder of Beslist.nl), as well as existing investors.
The company intends to use the funds to consolidate its presence in the Netherlands and Belgium, expand internationally within the EU, and its product’s capabilities and growth features.
Co-founded by Jingwei Ren, Arvin Esterabadi and Ferhat Topuz, Valyuu provides a marketplace to sell, and buy used electronic products. It also enables sellers to choose to donate the value of their product to charity.
Every product is recirculated. When a device passes all of the company’s tests, it will directly go to its next owner. When the device is damaged, it will go to refurbishers, who fix it up for its next owner. When a device is declared dead, it will go to recyclers, who turn the raw materials into something useful.
FinSMEs
31/08/2023