Revibe, a United Arab Emirates-based platform specialising in refurbished electronics, has successfully raised $7 million in a Series A funding round. The round was co-led by ISAI and Resonance, with additional contributions from Kima Ventures and professional footballer Edouard Mendy.
About Revibe
Revibe operates in the rapidly growing Middle East and North Africa (MENA) refurbished electronics market, which is valued at approximately $6 billion. The platform provides a wide range of refurbished tech products, including smartphones, laptops, gaming equipment, and accessories. Since its launch nearly two years ago, Revibe has sold over 80,000 items, establishing itself as a key player in the region’s refurbished tech sector.
Funding Goals
The newly raised capital will be used to:
- Expand operations into emerging markets, tapping into growing demand.
- Strengthen customer care and quality assurance teams, ensuring a seamless user experience and maintaining high product standards.
This development positions Revibe to further capitalise on the increasing adoption of refurbished electronics in MENA, driven by affordability and sustainability trends.
