Dubai-based refurbished electronics marketplace Revibe has secured € 17 million in new funding as it continues its rapid scale-up across the Middle East and Africa. The round was led by Resonance, with participation from e& capital, Burda Principal Investments and EQNX, alongside several existing investors. The investment marks the company’s strongest capital injection to date and positions it firmly within the € 6 billion refurbished consumer electronics segment of the MENA region.
A young company expanding fast
Founded in 2022 by Abdessamad Benzakour and Hamza Iraqui, Revibe has quickly emerged as a leading B2C marketplace for refurbished smartphones, laptops, gaming products, accessories and smartwatches. Operating in four countries including the UAE, Saudi Arabia, Kuwait and South Africa, the platform aims to redefine consumer expectations for renewed electronics by combining competitive pricing with strict quality controls.
Each device undergoes a 50-point inspection, is supported by a 1-year warranty and comes with a 10-day return policy. The company has built an online experience centered on trust, with free shipping, free returns and a human-led and AI-supported customer service team available at all times. This customer-first approach has earned Revibe thousands of positive reviews and sales of more than 80,000 refurbished devices in less than two years.
Drivers of strong market demand
The growth of sustainability-focused consumer behaviour, combined with rising cost consciousness across the region, has contributed to increasing demand for refurbished tech. Revibe co-founder Abdessamad Benzakour expects the market for pre-loved technology in the region to exceed EUR 20 billion within a decade. He added that Revibe’s ability to offer like-new devices at prices between 30% and 70% below retail levels is appealing but noted that its quality assurance model remains its strongest differentiator.
Funding focused on expansion
The latest € 17 million funding round, which includes a € 7 million Series A tranche previously co-led by ISAI and Resonance, will support Revibe’s plans to accelerate its international expansion. The company will also strengthen its customer care and quality assurance teams as it grows its operational footprint, with Egypt serving as its central logistics and operations hub and Dubai as its strategic base.
Investors remain confident in the company’s trajectory. ISAI principal William Vermont highlighted Revibe’s healthy unit economics and continued growth since early 2025. Resonance partner Maxime Le Dantec noted the company’s ambition to become the leading refurbished electronics marketplace across developing markets, emphasising Revibe’s strong execution in a global market opportunity estimated at EUR 30 billion.
A long-term vision for renewed electronics
Revibe says its long-term goal is to make renewed electronics the default purchasing choice for consumers by offering a more affordable, reliable and sustainable alternative to new devices. With rising demand across the GCC and South Africa and increasing investor confidence, the company appears well-positioned to advance this mission.
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Trade-in
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Refurbishing
