What is Mjuk?
Founded in 2019, Mjuk has established itself as an end-to-end marketplace dedicated to quality second-hand furniture. The company streamlines the process for both businesses and consumers looking to sell pre-owned furniture, addressing a growing demand for sustainable and cost-effective furnishing solutions. Mjuk's platform simplifies transactions, offering a curated experience for buyers and a convenient selling channel for sellers, thereby promoting the reuse of furniture and reducing waste.
How much funding has Mjuk raised?
Mjuk has raised a total of $2.7M across 1 funding round:
Other Financing Round
$2.7M
Other Financing Round (2023): $2.7M with participation from Lifeline Ventures, Trind Ventures, Finnvera, and Superhero Capital
Key Investors in Mjuk
Lifeline Ventures
Lifeline Ventures is an early-stage investor focused on pre-seed and seed funding, supporting resilient founders from inception. They aim to partner with ambitious teams capable of becoming industry leaders, leveraging global experience in building and scaling companies.
Trind Ventures
Trind VC is a seed-stage venture fund investing in startups with a consumer or community component, primarily in Northern and Central Europe. They employ a metrics-first approach to scale companies and provide initial funding between 0.1 to 1.0 million euros.
Finnvera
Finnvera provides financing for the start, growth, and internationalization of Finnish enterprises, offering loans and guarantees against export risks. As the official Export Credit Agency of Finland, they strengthen the operating potential and competitiveness of Finnish companies.
What's next for Mjuk?
With the recent infusion of major strategic investment, Mjuk is poised for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its technological infrastructure, expand its service offerings, and potentially broaden its geographical reach. This enterprise-level funding signals strong investor confidence in Mjuk's business model and its capacity to scale within the burgeoning circular economy, positioning it for further development and market leadership in the sustainable furniture sector.
See full Mjuk company page
