Trind Ventures participates in Hamelyn's €2M+ funding round
Hamelyn, a Spanish tech company specializing in the buying and selling of second-hand cultural products, has closed a funding round exceeding €2M. The round was led by Inclimo Climate Tech, with participation from Trind Ventures, family offices, and business angels.
The investment will enable Hamelyn to strengthen its capacity to recover and market nearly new cultural products, thereby expanding the positive environmental impact of its model. Part of the funds will be used to boost product acquisition campaigns and incentivize the buying and selling of second-hand items.
Valentín Izquierdo, Co-founder of Hamelyn, said: "This round provides the boost we needed to bring our circular economy model to more people and more countries. Our mission is simple but powerful: no product with value in the secondary market should end up forgotten in a drawer or in a landfill. We want to make second-hand the first choice, not the alternative. We are building a global platform where sustainability, technology, and culture go hand in hand."
With this funding round exceeding €2 million, the company consolidates its position as a key player in the circular economy in Southern Europe.
Reima Linnanvirta, Partner at Trind, commented: "Logistics and operations are always a struggle in circular economy businesses. The team of Hamelyn has been able to build automations and operations to remove these hurdles, resulting in very efficient operations and strong unit economics. Additionally, their mission to reduce waste and carbon emissions is increasingly important. We are excited to join this journey with Hamelyn and to see them join our portfolio of Spanish and circular economy businesses."
For more information, visit Trind Ventures blog.