🚀 Semexe secures investment
Semexe has received a $0.8M investment from Hiker Ventures, the venture capital arm of AF Invest. This funding will be used to expand Loopify, Semexe's re-commerce platform, which helps brands implement trade-in and sales programs for used, returned, and refurbished products.
🌱 Loopify’s role in circular economy
Founded in 2019, Semexe focuses on second-hand sports equipment. With Hiker Ventures' support, Loopify aims to enter new markets like fashion, accessories, and children's products. Rafael Papa, COO and co-founder, highlights Loopify’s comprehensive solutions, from customer interface to product sorting and storage.
📈 Growing interest in re-commerce
According to the ThreadUp Report 2024, 74% of US retail executives plan to launch re-commerce programs. In Brazil, companies seek specialized partners like Loopify to avoid overburdening their teams. Rodrigo Moreira of Hiker Ventures emphasized Loopify’s potential in the growing market and its alignment with environmental goals.
🏢 About Hiker Ventures
Hiker Ventures, founded in 2023 in Belo Horizonte, focuses on early-stage B2B companies. Led by Rodrigo Moreira and Guilherme Chernicharo, their portfolio includes Radar Fit and Fluna. Hiker Ventures has announced three investments in 2024, including $0.4M in fintech Greg and $0.5M in Fluna. Since its inception, Semexe has generated over $14M in revenue, attracted 2M visitors, and listed 100K products.
How will Loopify impact the re-commerce market?
