Mobeus Equity Partners and Beringea have co-invested in a £5 million funding round for mpb.com, a specialist online marketplace for second-hand photographic and filmmaking equipment.

Launched in 2011, the Brighton-based company currently facilitates more than 6,000 transactions per month, and is on track to generate £22 million in turnover this year at a year-on-year growth rate of more than 60 per cent. Since its Series A funding round, completed in June 2016, mpb.com has grown from 28 people to a team of 90, with offices in Brighton and New York.