MPB raises nearly £50 million to expand
April 6, 2021
Used camera and lens retailer MPB has raised £49.8 million in its latest funding round, led by Vitruvian Partners with participation from current investor Acton Capital, joining existing investors Mobeus Equity Partners, Beringea and FJ Labs.
“The used kit market is in a period of significant expansion as more consumers purchase sustainably in the circular economy,” said MPB. “The new wave of funding will allow the company to focus on new product developments and technology that broaden the ways in which people can access kit, and bolster existing operations to bring more kit to more people.”
Brighton-based MPB snaps up $69M to build out its used camera equipment marketplace – TechCrunch techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.