Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B | TechCrunch

The European startup is today announcing that it has closed an all-equity round of €250 million ($303 million at today’s rates), funding that values the company pre-money at €3.5 billion ($4.2 billion, or $4.5 billion post-money).
Article Wed, May 12, 2021

The circular economy — where consumers themselves are both the suppliers and buyers of goods and services — has come into its own in the last year of lockdown living as a popular and trusted way to buy and sell things. Now one of the larger players in that system — the clothes and home goods marketplace Vinted — is circling in on some very big money of its own. The European startup is today announcing that it has closed an all-equity round of €250 million ($303 million at today’s rates), funding that values the company pre-money at €3.5 billion ($4.2 billion, or $4.5 billion post-money).