Fairphone takes $7.7M to push for change across the electronics value chain


European mobile device maker Fairphone, which designs modular smartphones with the aim of supporting repairability and encouraging sustainability, has taken in new investment of €6.5 million ($7.7M). It says it’s hoping to use the financing to build wider support for a push towards a circular economy for consumer electronics.

Specifically it says it intends to use the money to scale up its proposition to try to have that wider impact. Point is, it isn’t easy building electronics with a longer than average lifespan. Consumer upgrade cycles are embedded into the entire supplier system, from hardware parts to software patches.

That’s why Fairphone had to end support for its first repairable-by-design handset this summer. Owners of the device would only have had between two and…

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