- UAE’s Revibe raised USD 17M to expand its refurbished electronics marketplace, focusing on quality, affordability, and a premium online experience.
- The funding round, led by Partech, will support service improvements, stricter quality controls, and accelerated Gulf and emerging markets expansion.
- Founded in 2022, Revibe aims to make renewed electronics the default choice, promoting sustainability and smarter consumer electronics purchases.
Revibe
UAE’s marketplace for refurbished electronics, Revibe, raised USD 17 million in a funding round. The round was led by Partech, with participation from E& Capital, Burda Principal Investments, and EQNX, alongside existing investors.
“Revibe is building the leading refurbished electronics platform for emerging markets. With Egypt as its operational engine and Dubai as its strategic hub, the team’s data-driven execution, and clear vision set them apart.” said Cyril Collon, General Partner at Partech.
Looking forward, with the new funding, it aims to improve its service and the quality of its devices. It also aims to accelerate international expansion across the Gulf region and emerging markets. Additionally, it plans to continue improving its platform, enhancing product quality, and accelerating its international expansion.
Refurbished Electronics
Founded in 2022 by Hamza Iraqui and Abdessamad Ben Zakour, Revibe is a marketplace dedicated to refurbished electronics. It aims to offer consumers a smarter and more sustainable way to buy electronics. Moreover, it seeks to combine strict quality controls, competitive prices, and a premium online experience.
The startup’s mission is to make renewed electronics the default way people buy devices. Thus, it aims to make electronics more affordable, reliable, and sustainable. Furthermore, it seeks to connect customers with tested and guaranteed quality, certified devices. Thus, it aims to transform how people buy tech through trust, transparency, and sustainability.
Bottom line: The funding allows Revibe to expand operations and reach more markets while continuing to focus on refurbished electronics.
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