Silicon Canals
No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content
No Result
View All Result
Silicon Canals
No Result
View All Result

Norwegian second-hand clothing app Tise raises €19.4M from Nysnø, eBay, others

Vishal Singh by Vishal Singh
July 6, 2022
in (Crowd)funding, News
Tise

Tise team | Image credit: Tise

58
SHARES
LinkedInTwitterWhatsAppFacebook

Oslo, Norway-based Tise, an app for second-hand purchases in the Nordics, announced that it has raised NOK 200M (approximately €19.44M) in a fresh round of funding. The investment came from Nysno Climate Investments, Bring Ventures, eBay Ventures and existing investors.

Lene Hodge, Investment Manager at Nysno, says, “On Tise, millions of users are inspired to shop second-hand, save the environment, and reduce their climate footprint – and the next generation is leading the way. Tise’s social, digital platform will create lasting change in how we shop.”

- Partner content -
How to improve your open source security?
How to improve your open source security?
Follow these three steps and get on the path to stronger security practices.Show More
Follow these three steps and get on the path to stronger security practices.Show Less
Read more

Nysnø Climate Investments was established in 2017 and is a state-owned climate investment company that invests in startups and funds with profitable and smart solutions to reduce greenhouse gas emissions. With NOK 2.9B (approximately €281.98M) in assets under management, Nysnø invests in clean energy, digital and enabling technologies, resource efficiency, sustainable demand, and the circular economy. Based in Stavanger, Nysnø is owned by the Norwegian Ministry of Trade, Industry & Fisheries.

Buy and sell second-hand items

Founded in 2014 by Eirik Rime and Axel Franck Næss, Tise is a marketplace that aims to make it easy to buy and sell second-hand items, with integrated logistics and payment solutions for a safe user experience. The company believes that second-hand trade is an important key to making the world more sustainable.

On the Tise app, users can like, chat and add filters and text, as well as follow other people’s profiles. Currently, the app’s community has over 2.5 million registered and 150,000 daily users that spend an average of 17 minutes every day. Since its launch in 2016, over 6.5 million items have been sold through Tise.

Capital utilisation

With over one million registered users in Norway alone and 2.5 million combined in the Nordics, Tise is now ready to enter new European markets.

Eirik Rime, CEO of Tise, says, “With this capital raise, we will strengthen our position further in the Nordic markets, and expand our reach to enable even more people to see the great benefits of buying second-hand instead of new. We also look forward to seeing growth opportunities beyond the Nordics.”

The textile sector is responsible for 10 per cent of global greenhouse gas emissions, which has significant effects on water usage, pollution, and waste production. To meet the 1.5-degree objective by 2030, McKinsey claims that every fifth garment must be exchanged using a circular business model. The value of used clothing on the worldwide market might increase to over $200B by 2025.

 - Partner content -
Personio
Half your staff are planning to quit soon!
Here’s how you can make them stay. Check it out!Show More
Here’s how you can make them stay. Check it out! Show Less
Read more
Tags: fundingnews
Share4Tweet15SendShare23

Featured | Tech Events

Current Month

february

09feb13:0014:00Key Employee Visa Programme for Dutch StartupsAre you a Dutch startup that is interested in attracting international talent or relocating your team to the Netherlands?

Silicon Canals | Jobs


Free HR whitepaper | by Personio

Want to know how HRs across Europe are rethinking retention and performance management post pandemic? Get this FREE whitepaper by PERSONIO now!

Partner content | Work with us

Putting the Capital in HCM: A look at how HR is defining strategic business decisions in a digital-first world

From retail to hospitality: how Omniboost evolved its product to solve a major data challenge with tech

How SurePay invented IBAN-Name Check to make payments easier, personal and secure

Breaking news from Amsterdam | Partner

Innovation Fund Noord-Holland launches new €10M fund to back innovative companies in the province

After recently getting backed by Kleiner Perkins, Amsterdam’s Vylo launches new app to “reshape news”

Amsterdam’s app-only supermarket Crisp acquires local mealbox supplier De Krat

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals © 2014-2023 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content

Silicon Canals © 2014-2023 | Website: Bright Idiots

Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
X
X