Gorilla Capital Fund III has made its 26th investment in Mjuk – an innovative end-to-end marketplace transforming how consumers and businesses in the Nordics buy and sell circular furniture, making it both hassle-free and affordable.
Mjuk is at the forefront of scaling the circular economy within the furniture sector. They collaborate with manufacturers and retailers to efficiently manage and resell their return flows, defective items, showroom pieces, and deadstock. This approach provides buyers with access to the largest selection of circular furniture in the Nordics, often at an average discount of 50%, promoting sustainable consumption.
Co-founders Max Heino, Casper von Pfaler, and Rickard Zilliacus share, “On our very first call, Risto immediately understood Mjuk’s current stage and our key priorities. We are thrilled to partner with Gorilla Capital and leverage their highly rational approach as we embark on Mjuk’s next phase of development.”Risto Rautakorpi, Gorilla Founding Partner, adds, “Furniture is the largest consumer vertical where circular economy models haven’t yet scaled to the masses, presenting a significant opportunity. We believe Mjuk’s marketplace solution offers best-in-class value to both buyers and sellers, and we eagerly anticipate supporting their journey to becoming the clear category leader in the Nordics.”
Learn more about Mjuk on their website and follow them on LinkedIn.