Tuvalum

tuvalum.com ↗ ·Valencia ·Series A

Tuvalum is a Spanish online marketplace and re-commerce platform for certified pre-owned and refurbished bicycles, buying bikes from individuals and professionals, reconditioning them in its own 'Tuvalum Lab' and reselling them with a 1-year warranty. Founded in Valencia in 2015 by Alejandro Pons and Ismael Labrador, it operates across Spain, France, Italy, Germany and Portugal in the circular-economy/sustainable-mobility space. It raised a €3M Series A in November 2022 led by Demium and Athos Capital, complemented by debt from the Institut Valencià de Finances, ENISA and Banco Sabadell for a total of ~€5M.

Founded
2015
Founders
2
Total funds raised
€3.3M
Rounds
2
Investors
8
Last round
Nov 2022
SectorsMarketplace, E-commerce, Mobility, Circular economy, Sports & Cycling Start-up MapMarketplace & E-commerce › Recommerce & second-hand marketplaces

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Founders

Alejandro Pons
Co-Founder & CEO
Ismael Labrador
Co-Founder & CMO

Global models 4

Upway
France · upway.co ↗
Buys used e-bikes, refurbishes and certifies them in its own workshops, then resells them online with a warranty, the same model as Tuvalum.
$60MComparable
The Pro's Closet
United States · www.theproscloset.com ↗
Buys pre-owned high-end bikes from riders, inspects and reconditions them in-house, and resells them certified with a warranty.
$50MComparable
Buycycle
Germany · buycycle.com ↗
Pan-European online marketplace for used road and mountain bikes, selling to the same buyers across Europe that Tuvalum targets.
$45MComparable
Rebike
Sells refurbished and ex-rental e-bikes that it reconditions in-house and resells online with a warranty.
$35MComparable

In the same niche 15 others

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Notes: Most funded first

Investors 8

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Funding rounds 2

DateRoundAmountLead

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