Vesto, a leading player in the refurbishment of professional equipment, has secured a Series A round led by Citizen Capital, a reference in impact investing, with the participation of Banque des Territoires and INCO Ventures, its historical investors.
Founded in 2020, Vesto set out with the ambition to make the reuse of items - whether a pizza oven, an ultrasound machine or a refrigerated display case - as simple as that of a smartphone. By industrializing refurbishment processes, the company is deploying professional-equipment reuse solutions for public and private clients across France. Vesto collects, refurbishes and resells equipment to local authorities, restaurant owners and retailers. Its model both prevents waste generation, offers equipment on average 50% cheaper than new, and creates social-impact jobs.
This transaction marks a strategic milestone in Vesto’s development: the company aims to reinforce its core activity in professional catering equipment, while opening new high-potential verticals - including in the medical, commercial refrigeration and construction sectors. Vesto also targets avoiding more than 50,000 tons of CO₂ emissions by 2030.
