Investments
29Portfolio Exits
3Funds
2About Expon Capital
Expon Capital is a venture capital firm, headquartered in Luxembourg, investing in private technology companies, preferably at an early stage. The Firm aims to finance and support our portfolio companies on their path to become global leaders.
Expon Capital Headquarter Location
13-15 Parc d'Activites
Capellen, 8308,
Luxembourg
Latest Expon Capital News
Aug 11, 2021
Refurbed , a European marketplace for refurbished electronics which raised a $17 million Series A round of funding last year , has now raised a $54 million Series B funding led by Evli Growth Partners and Almaz Capital. They are joined by existing investors such as Speedinvest, Bonsai Partners and All Iron Ventures, as well as a group of new backers — Hermes GPE, C4 Ventures, SevenVentures, Alpha Associates, Monkfish Equity (Trivago Founders), Kreos, Expon Capital, Isomer Capital and Creas Impact Fund. Refurbed is an online marketplace for refurbished electronics that are tested and renewed. These then tend to be 40% cheaper than new, and come with a 12-month warranty. The company claims that in 2020, it grew by 3x and reached more than €100 million in GMV. Operating in Germany, Austria, Ireland, France, Italy and Poland, the startup plans to expand to three other countries by the end of 2021. Riku Asikainen at Evli Growth Partners said: “We see the huge potential behind the way Refurbed contributes to a sustainable, circular economy.” Peter Windischhofer, co-founder of refurbed, told me: “We are cheaper and have a wider product range, with an emphasis on quality. We focus on selling products that look new, so we end up with happy customers who then recommend us to others. It makes people proud to buy refurbished products.” The startup has 130 refurbishers selling through its marketplace. Other players in this space include Back Market (raised €48 million), Swappa (U.S.) and Amazon Renew. Refurbed also competes with Rebuy in Germany and Swapbee in Finland.
Expon Capital Investments
29 Investments
Expon Capital has made 29 investments. Their latest investment was in HelloBetter as part of their Series A - II on March 3, 2022.
Expon Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/10/2022 | Series A - II | HelloBetter | $4.4M | No | 4 | |
1/18/2022 | Series B | Coinhouse | $17M | Yes | 11 | |
11/16/2021 | Seed VC - II | Hydrosat | $10M | No | 6 | |
10/27/2021 | Series A | |||||
7/23/2021 | Series A |
Date | 3/10/2022 | 1/18/2022 | 11/16/2021 | 10/27/2021 | 7/23/2021 |
---|---|---|---|---|---|
Round | Series A - II | Series B | Seed VC - II | Series A | Series A |
Company | HelloBetter | Coinhouse | Hydrosat | ||
Amount | $4.4M | $17M | $10M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 4 | 11 | 6 |
Expon Capital Portfolio Exits
3 Portfolio Exits
Expon Capital has 3 portfolio exits. Their latest portfolio exit was Spire on August 17, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/17/2021 | Reverse Merger | 6 | |||
Date | 8/17/2021 | ||
---|---|---|---|
Exit | Reverse Merger | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 6 |
Expon Capital Fund History
2 Fund Histories
Expon Capital has 2 funds, including Expon I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
1/21/2019 | Expon I | Early-Stage Venture Capital | Closed | $51.07M | 1 |
7/18/2016 | Digital Tech Fund |
Closing Date | 1/21/2019 | 7/18/2016 |
---|---|---|
Fund | Expon I | Digital Tech Fund |
Fund Type | Early-Stage Venture Capital | |
Status | Closed | |
Amount | $51.07M | |
Sources | 1 |
Expon Capital Team
4 Team Members
Expon Capital has 4 team members, including current Founding Partner, Marc Gendebien.
Name | Work History | Title | Status |
---|---|---|---|
Marc Gendebien | Founding Partner | Current | |
Alain Rodermann | Founding Partner | Current | |
Rodrigo Sepulveda Schulz | Founding Partner | Current | |
Jerome Wittamer | Founding Partner | Current |
Name | Marc Gendebien | Alain Rodermann | Rodrigo Sepulveda Schulz | Jerome Wittamer |
---|---|---|---|---|
Work History | ||||
Title | Founding Partner | Founding Partner | Founding Partner | Founding Partner |
Status | Current | Current | Current | Current |
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