UAE – Mubasher: Dubai-based refurbished-electronics marketplace Revibe has raised $17 million in a new funding round led by Partech, with participation from e& Capital, Burda Principal Investments, and EQNX, alongside existing investors.
The new funding will help the startup to enhance its service quality, upgrade the performance of its devices, and accelerate its global expansion across the Gulf region and emerging markets, according to a press release.
Revibe’s Co-Founders Abdessamad ben Zakour and Hamza Iraqui commented: “We are proving that refurbished doesn’t mean second-best—it means better value, verified quality, and a more responsible way to consume technology.”
The statement added: “With the support of our investors, we’ll keep expanding internationally and improving every part of the customer experience.”
Revibe has experienced strong growth over the past year, expanding across the GCC and South Africa.
In 2023, the company closed a $2.30 million funding round led by Resonance, Flat6Labs, Techmind, Financiere Saint James, and other angel investors.
