World Bank Group invests 22 million dollars in Getmobil.

Support for Innovative Investment from the World Bank Group

Getmobil, as an end-to-end renewed electronic device platform, has raised 22 million dollars in a Series A funding round to accelerate the digitization of the second-hand electronics market in Turkey.

Investment Details

Of this funding round, 15 million dollars was managed by Lowercarbon Capital, a pioneer in green transition founded by Chris Sacca, along with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, known for its climate-focused investments.

The remaining 7 million dollars came from contributions by existing investors. Additionally, 2150 VC, a recognized global investor that invests in category-defining digital infrastructures in large and emerging markets, and Endeavor Catalyst also participated in the round. Among the existing investors are Dutch Founders Fund (DFF), TechOne/Metis, Maxis, Arya VC, and 212, reaffirming their confidence in Getmobil's long-term vision.