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Startups go Dutch for new era in manufacturing

15
Sep
2014

By Sara Ledwith AMSTERDAM (Reuters) – Beneath the low beams of a converted warehouse in Amsterdam lives a company with many of the attributes of a Silicon Valley startup, except that at less than a year old it has zero venture capital and says it is already making enough money to sustain itself. The company has now sold more than 41,000 phones in Europe using African minerals it certifies as “conflict free”, and will begin selling in the United States in 2015. “We had to be economically viable because we wanted to be part of the economic system,” said Van Abel. Europe’s politicians would like more success stories like Fairphone.

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