Corporate Partner Jonathan Leigh-Hunt and associate David Bettis advised long standing clients Mobeus Equity Partners and Beringea on their participation in a £9m Series C funding round led by Acton Capital for existing portfolio company MPB.
MPB is Europe’s leading technology platform for trading high-end photography and filmmaking kits, raises growth capital to further expand in Europe and the US.
MPB is a scale-up transforming how photographers and videographers access and sell photography and filmmaking gear. The MPB-platform offers the world’s largest curated and verified selection of second-hand camera equipment. Thanks to data-driven automatisation of the vetting process and a transparent pricing strategy reflecting supply and demand, MPB users can instantly sell their gear either for cash, or trade against other items in one single transaction. With its unique end-to-end customer experience, the tech platform has already secured a fast-growing community of more than 135,000 active users.