NorthLadder Secures $10M Series B Investment from stc Group’s Tali Ventures, Eyes Global Expansion
Device trade-in platform NorthLadder, active in over 10 countries, has raised $10 million in a Series B investment round led by stc Group’s venture capital arm, Tali Ventures, with contributions from Dutch Founders Fund and Crescent Ventures.
This funding milestone, which marks a significant step in NorthLadder’s growth journey, will fuel the platform’s expansion across Europe and support the development of its innovative trade-in technology.
The Series B funding round comes as NorthLadder, which partners with major telecom companies, retailers, and OEMs, continues to lead the device trade-in market with industry-first offerings that provide value to both customers and retail partners.
Stc Group’s tali ventures, launched this year, target strategic investments to drive digital transformation and sustainability. NorthLadder, an instrument in advancing stc Group’s trade-in services, has rapidly become a market leader in the region’s device resale industry driven by pioneering technology and an experienced management team.
“This investment is a testament to the confidence in our advanced technology and operational capabilities for preowned electronic devices, paving the way for our global expansion,” said Mihin Shah, Co-founder of NorthLadder. “We have a truly outstanding team ready to support our partners across multiple regions in mobile and other electronic device trade-ins.” He added.
NorthLadder’s unique auction system for pre-owned electronics positions it to capitalise on the growing global demand for sustainable device resale options
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