UAE-based Revibe, the refurbished electronics marketplace, has raised **US $17 million in a Series A funding round led by global investor Partech, with participation from E& Capital, Burda Principal Investments and EQNX, as well as existing backers, according to multiple funding reports.
Founded in 2022 by Abdessamad Ben Zakour and Hamza Iraqui, Revibe operates a digital marketplace offering refurbished smartphones, laptops and other consumer electronics. Each device undergoes a rigorous 50-point inspection and is backed by a one-year warranty, part of the company’s effort to formalise the second-hand electronics market and promote more sustainable consumption.
The company said the **new capital will be used to enhance platform performance, strengthen quality control and accelerate its expansion across the Gulf Cooperation Council (GCC) and additional emerging markets, including deeper activity in South Africa.
Revibe has established an operational footprint that serves markets including Saudi Arabia, the United Arab Emirates and Kuwait, with Egypt functioning as its operational hub and Dubai as its strategic base, investors noted.
Partech’s backing reflects continued investor interest in circular tech and digital consumer platforms in the Middle East and Africa. Partech General Partner Cyril Collon described Revibe as building “the leading refurbished electronics platform for emerging markets” and highlighted the team’s execution and data-driven approach as key strengths.
The funding round follows earlier capital raises and positions Revibe to scale its marketplace amid growing consumer demand for cost-effective and sustainable alternatives to new electronics, as well as broader expansion into high-growth digital commerce corridors across the GCC and Africa.
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