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BIYU

Westermarkt 14, Amsterdam, Noord-Holland, 1016 DK, Netherlands

Overview

BIYU is a rental platform that offers subscription access to equipment for gardening, parties, cleaning, and kitchens from leading brands. Customers pay a fixed monthly fee to access products such as Festool power tools, Pioneer DJ sets, STIHL gardening tools, Kärcher washers, and Makita equipment. The company positions itself as a circular-economy service that maximises product utilisation and returns products to manufacturers for recycling. BIYU plans to launch its rental platform without membership in 2022 and to open ten new BIYU hubs across and outside the Netherlands by 2023. It has launched a crowdfunding campaign on Seedrs to allow public participation in its circular model. Financially, BIYU secured €1.9M in a Seed round and has now raised €2.6M in total seed investment.

Total raised
$2M
Funding rounds
1
Latest round
Seed
Latest activity
Jul 2022

Industries

  • Information Technology
  • Internet
  • Mobile Apps
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Recent funding

  1. Seed

    Jul 2022

    $2M

Team

  • Martijn Tjho

    Co-Founder and CEO

    LinkedIn
  • Frans Walter Biegstraaten

    Co-founder & CCO

  • Anne Nijenhuis

    Advisor to the Board of BIYU

    LinkedIn