Refurbished electronics marketplace Back Market goes for the gold, adds another €450 million to the warchest

Announced after last night’s closing bell, Parisian refurbished electronics marketplace Back Market has raised €450 million in a Series E round. The fresh influx of fundings will be used to further the company’s growth plans, specifically in the US market. Since 2017, the scale-up has raised north of $1 billion, and as of May of last year, was sitting at a valuation of $3.2 billion, a number that has now risen to $5.7 billion.

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