UAE-based refurbished electronics marketplace Revibe has successfully raised $17 million in a new funding round. The round was led by global tech investment firm Partech, with significant participation from e& Capital, Burda Principal Investments, and EQNX, alongside its existing investors.
Founded in 2022 by Abdessamad Benzakour and Hamza Iraqui, Revibe is a direct-to-consumer marketplace that is quickly becoming a leader in the circular economy by offering high-quality refurbished electronics. The company currently operates in the UAE, Saudi Arabia, Kuwait, and South Africa. This latest capital injection follows a $7 million Series A round in 2024.
A Mission to Redefine ‘Refurbished’
Revibe is challenging the perception of pre-owned electronics by building a brand centered on trust, quality, and sustainability. The company’s model combines competitive pricing with a premium digital shopping experience, ensuring every device undergoes a rigorous 50-point inspection and comes with a 1-year warranty.
“This new funding is a strong signal of confidence in our mission and model,” said co-founders Abdessamad Ben Zakour and Hamza Iraqui. “We’re proving that refurbished doesn’t mean second-best—it means better value, verified quality, and a more responsible way to consume technology. With the support of our investors, we’ll keep expanding internationally and improving every part of the customer experience.”
Investor Confidence in a Growing Market
The round signals strong investor belief in Revibe’s potential to dominate the refurbished electronics space in emerging markets. The company’s strategic positioning, with Dubai as its hub and Egypt as its operational engine, has been a key factor in its success.
“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,” commented Cyril Collon, General Partner at Partech. “We’re proud to back them as they shape the future of sustainable tech across Africa, the Middle East, and beyond.”
Fueling Quality and International Growth
The new funds are earmarked to enhance Revibe’s strategic initiatives across the board. The company plans to further upgrade the performance and quality of its devices, invest in its platform technology, and accelerate its international expansion across the Gulf region and other emerging markets.
With strong growth over the past year, Revibe is positioning itself at the forefront of the circular-tech movement. The company’s long-term goal is to make renewed electronics the default choice for consumers—one that is affordable, reliable, and environmentally conscious.
About Revibe
Founded in 2022, Revibe is a B2C marketplace specializing in refurbished electronics. The company offers consumers a smarter and more sustainable way to buy technology by combining strict quality controls, including a 50-point inspection and a 1-year warranty, with a premium and customer-centric digital shopping experience.
Source: Wamda
