# MPB Europe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mpb-europe

- Industry: Internet
- Headquarters: Brighton, UK
- Website: www.mpb.com
- Total disclosed funding: $89M
- Latest round: Series D (Apr 6, 2021)
- Investors on record: 5

## About

MPB Europe Ltd is a platform for buying, selling, and trading used photo and video equipment, catering to photographers and videographers across various skill levels.Founded in 2011 and headquartered in Brighton, UK, MPB Europe Ltd operates primarily in the used photographic equipment market. It has completed a total of 5 deals, with its latest round being Series D funding, which raised GBP 49.8 million on April 6, 2021. The funding was led by Vitruvian Partners with participation from investors such as Acton Capital, Beringea Private Equity, FJ Labs, and Mobeus Equity Partners. The company's CEO is Matt Barker, and its founder, Matthew Peel, has a background in technology and entrepreneurship, having founded other ventures prior to MPB.MPB specializes in the buying, selling, and trading of used photo and video equipment, offering a large selection that includes cameras, lenses, and accessories from major brands like Canon, Nikon, Sony, and Fujifilm. Their online platform allows users to list gear for sale, receive instant quotes, and enjoy benefits such as free shipping and quick payments. MPB addresses common challenges in the photography market, focusing on affordability and convenience for users, primarily serving customers in the United States, Canada, and Europe.In the most recent fiscal year 2023, MPB generated revenue of GBP 62,573,657.90 and achieved an EBITDA of GBP 1,789,846.Following its Series D funding of GBP 49.8 million in April 2021, MPB Europe Ltd plans to invest in new product developments and technology enhancements to improve access to photographic equipment. The company aims to expand its operations and reach more customers by enhancing their existing services and potentially introducing new product lines. Their strategy focuses on broadening the capabilities of their platform to better serve the photography community.

## Funding rounds

- Series D, Apr 6, 2021, $69M — Beringea, Mobeus Equity Partners, Vitruvian Partners, Acton Capital, FJ Labs
- Series C, Jul 10, 2019, $11M — Beringea, Mobeus Equity Partners, Acton Capital
- Series B, Feb 28, 2018, $7.2M — Beringea, Mobeus Equity Partners
- Seed, Mar 10, 2017 — FJ Labs
- Series A, Jun 15, 2016, $2.3M — Mobeus Equity Partners

## Investors

- Mobeus Equity Partners (https://capitalatlas.ai/funds/mobeus-equity-partners) — Series A, Series B, Series C, Series D
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed, Series D
- Beringea (https://capitalatlas.ai/funds/beringea) — Series B, Series C, Series D
- Acton Capital (https://capitalatlas.ai/funds/acton-capital) — Series C, Series D
- Vitruvian Partners (https://capitalatlas.ai/funds/vitruvian-partners) — Series D