- Revibe, the UAE-based platform, has raised $17 million in a funding round led by Partech, with participation from several prominent regional and international investors.
- The company plans to use the new capital to enhance quality standards and accelerate its expansion across the Gulf and emerging markets.
- Founded in 2022, Revibe aims to make refurbished electronics the consumers’ first choice through a transparent and sustainable digital experience.
UAE-based platform Revibe, specializing in the refurbished electronics market, has closed a new $17 million funding round led by Partech, with participation from E& Capital, Burda Principal Investments, EQNX, and existing investors.
Revibe plans to use the funding to enhance service quality and device standards by implementing stricter controls, as well as to accelerate its expansion across Gulf countries and emerging markets, where demand for refurbished devices is growing rapidly.
The company is also working on developing its digital platform to increase transparency and trust among consumers, providing a smoother and more sustainable online purchasing experience.
Founded in 2022, Revibe aims to make refurbished electronics the first choice for consumers in the region by combining high quality, competitive prices, and an integrated digital experience. The company operates strategically from Dubai, while relying on Egypt as its main operational hub to support future growth.
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