Reboxed - changing how the world thinks about used tech
by Startacus Admin
Reboxed is a Brixton-based sustainable commerce startup that's created a smarter, safer, more sustainable way to buy and sell your tech
In 2020, Apple was fined €25m by France's competition and fraud watchdog for deliberately degrading the performance of older iPhone models, arguably in an attempt to force users to upgrade; a practice it still applies to older models.
Every year, this combines with our desire to have the latest phone to create 50 million tonnes of e-waste, much of which sits in landfills. A single iPhone X will be responsible for 79kg of carbon dioxide in its lifetime, which is about the same as burning 9 gallons of petrol. Most of these millions of phones thrown away every year have nothing wrong with them; they simply aren’t the newest model.
Brixton-based sustainable commerce startup Reboxed is trying to combat this waste with its platform that buys, refurbishes, and sells phones.
They use a 70-point diagnostic check on phones to determine their condition to give sellers the best price and pass on savings of up to 40% to the buyer for quality devices. Currently, they only buy and sell iPhones and Samsung phones, with the occasional related product such as Airpods, and only in London.
As well as monetary savings, Reboxed is adding environmental savings into the mix by planting 10 trees for every phone rehomed in order to offset its lifetime carbon emissions and make it carbon positive. With the goal of 100 million phones rehomed by 2030, that’s a lot of trees.
In December, Reboxed announced that it had raised £500,000 in pre-seed funding in 2020, most recently, £350,000 from angel investors.
This funding round also resulted in a new board member in Charlo Carabott, co-founder of Mazuma, a mobile phone recycling company, so their knowledge base and expertise have also greatly benefitted.
We have written many times before that the amount of waste we are producing is in danger of overwhelming our capacity to deal with the consequences, and it is good to see another startup entering the push to combat this grave issue.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
.jpeg)
Ensuring that employees feel like they're valued is vital for all businesses - here are some basic tips on how you can ensure that you do just that
The lowdown on Housemates, the Manchester-based startup that's on a mission to make securing student accommodation easier than ever before
Proximie is a platform that uses artificial intelligence, machine learning and augmented reality to enable clinicians to collaborate virtually
New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
The accolade this week goes to MyPlasticDiary, an innovative app which will enable you to track, understand and reduce your plastic footprint
The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
The lowdown on the Japanese robotics startup that has created Qoboo, a therapeutic robot in the form of a cushion with a tail
The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
10 startups solving challenges the aerospace sector faces are selected for the latest ATI Boeing Accelerator. We took a look at the cohort
Whether you're recruiting for a small tech startup or a large well-established organisation, these tips will help you stay on top of your game
Published on: 10th January 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Where are the UK’s most ambitious people in 2021? 21st Jan 2021 New research from Corporate Coach Group reveals the UK's most ambitious cities and includes top tips on how to make 2021 your best year ever when it comes to achieving your goals
- No-Code Chatbot Builder Landbot Secures $8M Series A 20th Jan 2021 The innovative Spanish startup raises major funding to scale its team and help more businesses design smarter automated conversations with customers
- Supporting disadvantaged children with their online learning 19th Jan 2021 The EverLearner launches a GoFundMe campaign to help disadvantaged children in the UK who are struggling to complete their online learning
- Insurtech startup, Nayms Closes £1.5m seed round 15th Jan 2021 Major seed investment secured by the innovative Insurtech startup Nayms to assist with developing further pilot programs and building its customer base
