Tuvalum Sports refurbishes and sells second-hand bicycles, including road, mountain, gravel and e-bikes, in Spain and Portugal.
Founded in 2015 and headquartered in Valencia, Spain, Tuvalum Sports SL sells refurbished bicycles to environmentally conscious cyclists in Spain and Portugal. Each bike is inspected and reconditioned under the Tuvalum Certified seal, and customers can trade in old bikes. Alejandro Ballester is CEO and a co-founder. The company raised EUR 2.92 million in a Series A round in August 2022, co-led by Athos Capital and Demium, with DARUAN VC, at a valuation of EUR 14.43 million.
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