UAE-Based Revibe Nets US$17 Million To Grow Its Refurbished Electronics Marketplace In The MENA

Dubai-based refurbished electronics marketplace Revibe has secured US$17 million in new funding led by Paris-based global technology investment firm Partech, with participation from Abu Dhabi-based e& Capital, Berlin-based Burda Principal Investments, Dubai-based EQNX, and other existing investors.  

Founded by Abdessamad Benzakour and Hamza Iraqui in the UAE in 2022, Revibe operates a regional marketplace for refurbished smartphones, laptops, and other electronics, offering consumers a vetted, warranty-backed alternative to buying new devices. The company has grown its footprint across Saudi Arabia, the UAE, Kuwait, and South Africa with a business-to-customer (B2C) model centered on strict device testing, transparent pricing, strong warranties, and a service approach designed to build long-term trust.

The new investment in Revibe follows the company’s $7 million Series A in 2024, and its latest raise comes at a moment when refurbished electronics are gaining wider traction in the MENA—a shift the founders have been working to accelerate since day one. In an interview with Inc. Arabia, Iraqui highlighted that by offering high-quality refurbished electronics at prices well below retail, Revibe aims to provide its customers with devices that feel “as good as new.”  

A major part of turning Revibe's mission into everyday consumer behavior has involved confronting long-standing misconceptions around refurbished devices. “One of the biggest barriers in markets like the UAE and GCC has been trust—many consumers equate ‘refurbished’ with ‘second-hand and risky," Iraqui explained. "What we’ve learned is that by combining transparent quality processes (inspection, warranty) with a seamless online purchase and after-sales experience, customers start to view refurbished devices not as a compromise, but as a smart, sustainable, and reliable alternative.” 

To achieve that, Iraqui shared that at Revibe, devices undergo a rigorous selection and refurbishing process, followed by a 50-point inspection before sale. Additionally, all devices come with a one-year warranty, providing customers with "a premium, trust-first buying experience.” And in spite of initial resistance, Iraqui noted that customers are increasingly purchasing refurbished devices, reflecting a larger shift in the second-hand market for electronics. “The growth in demand, expansion into new geographies, and repeat purchases suggest that refurbished devices are shifting from a fallback option to a mainstream, considered choice—especially among cost- and value-conscious consumers across the region,” he said. 

Central to Revibe’s growth strategy is its dual-market structure, which has Dubai serving as the company’s strategic and commercial base, and Egypt anchoring the refurbishment, logistics, and quality-control functions in a cost-efficient, talent-rich environment. Adopting this model, Iraqui told us, allows the company to balance cost-effective, scalable operations “with a premium brand and customer experience tailored to Gulf and international markets—giving Revibe a competitive edge versus purely local players.” 

Iraqui also pointed out that the growing appetite for refurbished electronics is one of the factors that attracted investors to Revibe, with this round set to support the company’s expansion. “This fresh capital gives us the means to scale up quality control, enhance service, and expand into new markets across the Gulf and emerging regions,” he said. “Having these investors on board brings more than money: it brings strategic backing and credibility—especially useful when you are trying to shift consumer perceptions of refurbished electronics. The backing reinforces the legitimacy of Revibe and underscores investor belief in the refurbished-tech category in the MENA.” 

That structure also supports a wider paradigm shift toward an environmentally conscious, circular consumption model that Revibe hopes to accelerate across the region. “Revibe is positioned as a leading player in what media describe as the ‘circular-tech’ movement: instead of buying new devices and contributing to electronic waste, customers can choose reliable refurbished electronics—at a lower cost and with a lower environmental footprint," Iraqui explained. "By delivering ‘like-new’ devices via a controlled, quality-first marketplace model—rather than a fragmented peer-to-peer resale approach—Revibe aims to redefine what ‘refurbished’ means in the MENA: not second-best, but a smart, sustainable, and trustworthy way to consume tech."

Pictured in the lead image are Revibe co-founders Abdessamad Benzakour (L) and Hamza Iraqui (R). Image courtesy Revibe.