The largest marketplace for refurbished electronics in CEE contributing to a circular economy /
Today’s customers tend to buy more and more electronic devices with increasing frequency. This trend puts an enormous pressure on the environment, in the form of CO2 emissions, heavy resource use, creating unsustainable consumption and production patterns. Ringy counters this trend by extending the lifecycle of electronic devices through buy-back as well as direct and indirect sales. Ringy is becoming the market leader in CEE, offering the lowest prices thanks to its extensive refurbisher partnerships. Ringy has experienced robust growth, selling across 22 European markets. Over the next three years, the company wants to sell nearly 2 million refurbished devices across Europe and change the paradigm around buying used devices. Considered as one of the most promising early-stage startups from the region, Ringy was selected as a TOP 7 start-up in Baltics 2021 and Nordic Top 50 Impact Companies 2021.
Now, the company is raising equity and mezzanine capital with support from FASE to expand the team, increased marketing and working capital.
Interested to invest? Please contact our European Investor Relations Managerin Laura Catana.
Watch this short video to learn more about Ringy