---
title: "FJ Labs Positions Shine: Vinted at €8B, Quince at $10.1B"
description: "FJ Labs reported major markups for top positions Vinted (€8B secondary) and Quince ($500M Series E at $10.1B) in its Q1 2026 update."
date: 2026-04-15T00:00:00.000Z
tags: ["fj-labs", "venture-capital", "marketplaces", "startup-funding", "market-analysis"]
source: https://venturecapitaltracker.com/2026-fj-labs-vinted-quince-milestones
---

# FJ Labs Positions Shine: Vinted at €8B, Quince at $10.1B

> FJ Labs reported major markups for top positions Vinted (€8B secondary) and Quince ($500M Series E at $10.1B) in its Q1 2026 update.

**FJ Labs** highlighted major markups for two of its largest positions in its Q1 2026 update: **Vinted's €880M secondary at an €8B valuation** and **Quince's $500M Series E at a $10.1B valuation** led by ICONIQ.

## Key facts

- **Firm:** FJ Labs (marketplace specialist)
- **Vinted:** €880M secondary at €8B; €10.8B GMV, €1.1B revenue in 2025
- **Quince:** $500M Series E at $10.1B (led by ICONIQ)
- **Both:** Top positions in FJ Labs Fund II

## Why this matters

Vinted and Quince validate FJ Labs' marketplace thesis and its strategy of holding meaningful positions in category-leading commerce platforms across geographies.

## Sources

1. FJ Labs Q1 2026 Update (Fabrice Grinda): https://fabricegrinda.substack.com/p/fj-labs-q1-2026-update
2. FJ Labs thesis & portfolio (F4 profile): https://f4.fund/firms/fj-labs

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.