Vinted Valuation Reaches 8 Billion Euro
German battery startup CMBlu Energy has exceeded a 1 billion euro valuation. The company closed an initial 50 million euro Series C funding round which included participation from Samsung Ventures. Second-hand platform Vinted is now valued at 8 billion euros following a new investment round of 880 million euros. The platform appears to be benefiting from a rapidly growing second-hand market.
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Sources · 7 independent
Mastodon
“German battery startup CMBlu Energy has crossed the €1bn valuation threshold after closing an initial €50m round of its Series C, with Samsung Ventures joining as a new investor.”
BNR Nieuwsradio
“na een nieuwe investeringsronde van 880 miljoen euro wordt dat tweedehands platform inmiddels gewaardeerd op 8 miljard.”
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