Refurbed, an Austrian scale-up, has secured a €52 million funding round after achieving profitability. This comes eight months after a 20% workforce reduction. The round is led by US investor Alex Zubillaga, known for investments in Spotify and Wallapop, and includes Orilla, the investment vehicle of Spain's Riberas family, investors in Vinted and Cabify. Existing investors Speedinvest, Evli Growth Partners, Bonsai, Almaz, and C4 Ventures also participated.

Austria's tech ecosystem characterizes a collaborative community of accelerators, incubators, and coworking spaces that provide essential resources and mentorship to budding entrepreneurs. Additionally, with its strategic location, excellent quality of life, and highly skilled workforce Austria becomes an attractive destination for tech talent from around the world. As the Austrian tech ecosystem continues to evolve, it remains committed to sustainability, digital transformation, and driving economic progress through technological excellence. Here are ten companies that contribute to the development of the ecosystem

Everywhere, it's a race to deliver a standout shopper experience that will resonate long after the. [+] sale. 123RFThe retail industry is evolving at an unprecedented speed, driven by an unpredictable economic climate, a proliferation of digital platforms and a paradigm shift from generating sales to elevating customer experience.Granted, budget-conscious shoppers may be more mindful about what they buy. But they also crave memorable experiences that treat them like individuals. So, where does this leave most e-commerce brands and marketplaces? The short answer: eager to innovate.Between now and 2030, global management consultancy Bain & Company forecasts that "beyond trade" activities (outside the spectrum of traditional trade activities centered on generating revenues from selling stuff) will account for half of industry profits. Everywhere, it's a race to command shoppers' attention and encourage repeat visits in a market where experience is king.Fortunately, efforts to improve the shopper journey earn high marks with customers—and an even higher return on investment