• Used Camera Retailer MBP Raises $69M to Expand its Business

    16 days ago - By Peta Pixel

    The used camera market is booming if a recent cash investment of £49.8 million that MBP.com just raised is any indication. The company claims to “recirculate” about 300,000 pieces of equipment a year and expects to pass $139 million in revenue in 2021.
    The latest funding round, classified as a Series D as noted by TechCrunch , was led by Vitruvian Partners with participation from current investor Action Capital, Mobius Equity Partners, Beringea, and FJ Labs. The Brighton-based online used goods retailer says it plans to use the investment to expand into more markets and extend its...
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