Certideal receives 15 million euros to expand the enviromental industry further

PARIS - Dec. 8, 2021 - PRLog -- French tech company CertiDeal, which sells reconditioned used mobile phones in europe, raised 15 million from the Meridiam GIGF fund, Inter Invest Capital, MAIF Avenir and BNP Paribas Développement.

Award-winning French tech company CertiDeal, which offers used, factory-refurbished and updated mobile phones, has raised €15m in capital.

CertiDeal was founded in 2015 by Laure Cohen and Yoann Valense, both of whom, after their own experiences, felt that the market for used mobile phones could be improved.
Thus CertiDeal was born and today the company sells high quality used mobile phones, always with a 2 year warranty.

Pontus Markgren, Country Manager for CertiDeal Sweden says: "What has impressed us during the pandemic is how much e-commerce has grown. The turnover of technical products has increased like crazy.
People understand more and more how everything affects the climate, and therefore they are more open to buying used products, which is a perfect match with CertiDeal's offer".

But surely the environment can't be the only reason for this?
"In fact, every time an iPhone is produced, it causes about 80kg of carbon emissions per phone.
That's the equivalent of driving 600 km in a car. Many people around the world are beginning to understand this, and so they buy refurbished tech products.
But environmental responsibility is not enough to ensure a company's success. That's why CertiDeal has also invested heavily in security, payment methods, distribution to customers and a well-functioning customer service".

Meridiam Green Impact Growth Fund (GIGF) is Meridiam's investment company. which aims to help finance the growth of innovative European SMEs that have a positive impact on the ecological transition.

Eric Rey, Head of Meridiam GIGF, said: "We are particularly pleased to make CertiDeal the first investment in our new Meridiam Green Impact Growth Fund (GIGF). This transaction is representative of the global mission to create positive and responsible impact through investment. We are committed to monitoring and supporting CertiDeal's development and growth.
CertiDeal, focuses on innovative low carbon solutions and this was a perfect fit for us".

Since its inception in 2015, CertiDeal has distinguished itself for its unique model based on quality and reliability on their platform. The company has chosen to advance in the value chain by buying directly from mobile operators. This sourcing strategy ensures that the company only buys high quality smartphones that have not been stolen. CertiDeal controls everything from purchase to delivery.

The goal of the investment is to reach an annual turnover of €100 million by 2023.
CertiDeal is looking forward to the Swedish market.



Tags:Refurbished Iphone
Location:Paris - Paris - France
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