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Back Market raises USD510m to reach EUR5.1bn valuation

Back Market, a renewed electronics marketplace, has secured USD510 million in a Series E round led by new investor Sprints Capital.

Existing investors Eurazeo, Aglaé Ventures, General Atlantic, and Generation Investment Management also participated in the round with funds set to be used to allow Back Market to build on its position as a leading marketplace exclusively dedicated to the sale of expertly refurbished electronics.

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