{"id":79825,"date":"2025-12-14T19:07:37","date_gmt":"2025-12-14T19:07:37","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/revibe-secures-17-million-for-marketplace-growth"},"modified":"2025-12-14T19:40:04","modified_gmt":"2025-12-14T19:40:04","slug":"revibe-secures-17-million-for-marketplace-growth","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/revibe-secures-17-million-for-marketplace-growth","title":{"rendered":"Revibe Secures $17 Million for Marketplace Growth"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>Revibe, a digital marketplace for refurbished electronics, has secured $17 million in a Series A funding round. The investment, led by global venture capital firm Partech, saw participation from E& Capital, Burda Principal Investments, EQNX, and existing backers.<\/b><\/p>\n

Founded in 2022 by Abdessamad Ben Zakour and Hamza Iraqui, Revibe specializes in offering refurbished smartphones, laptops, and other consumer electronics. Each product undergoes a comprehensive 50-point inspection and comes with a one-year warranty, ensuring quality and sustainability in the growing second-hand electronics market.<\/p>\n

The company plans to use the new funds to enhance platform performance, improve quality control, and accelerate expansion across the Gulf Cooperation Council (GCC) and other emerging markets, including South Africa. Revibe currently operates in Saudi Arabia, the UAE, and Kuwait, with Egypt serving as its operational hub and Dubai as its strategic base.<\/p>\n

Partech\u2019s investment highlights the increasing interest in circular technology and digital consumer platforms in the Middle East and Africa. Partech General Partner Cyril Collon praised Revibe for its data-driven approach and strong execution, positioning the company as a leader in refurbished electronics for emerging markets.<\/p>\n

This funding round follows earlier capital raises, positioning Revibe to scale its operations amid rising consumer demand for cost-effective and eco-friendly alternatives to new electronics. The company is also preparing for further expansion into high-growth digital commerce corridors across the GCC and Africa.<\/p>\n

Egyptian HR Tech Startup Bluworks Raises $1 Million to Drive Expansion Across MENA Region<\/p>\n

Cairo-based Bluworks, a human resources technology startup, has secured $1 million in seed funding to accelerate growth in Egypt and expand across the Middle East and North Africa (MENA). The funding round was led by A15, Enza Capital, and Beltone Venture Capital, with participation from Acasia Ventures and strategic angel investors.<\/p>\n

Founded in 2022 by Hussein Wahdan and Farah Osman, Bluworks develops a digital workforce management platform tailored for businesses with large frontline and blue-collar workforces. The platform offers tools for employee scheduling, attendance tracking, payroll processing, compliance, and real-time salary disbursement, aiming to replace outdated, manual HR processes often used by SMEs.<\/p>\n

Investors noted the vast opportunity in MENA\u2019s workforce sector, where many companies still rely on paper logs and fragmented software for essential HR functions. The need for digital solutions targeting frontline employees remains largely unmet.<\/p>\n

Bluworks plans to use the new funding to deepen its presence in Egypt\u2019s SME market, form strategic partnerships, and kick off its regional growth strategy in MENA. The company aims to enhance its platform\u2019s capabilities and expand its commercial footprint.<\/p>\n

CEO Hussein Wahdan emphasized that the investment is crucial for scaling Bluworks\u2019 model beyond Egypt, focusing on improving operational efficiency and transparency for both employers and workers across the region.<\/p>\n

This seed funding follows a previous $1 million pre-seed round and underscores the growing investor interest in HR technology solutions designed to address workforce management challenges in emerging markets.<\/p>\n

For More News And Analysis About Botswana<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. Revibe, a digital marketplace for refurbished electronics, has secured $17 million in a Series A funding round. The investment, led by global venture capital firm Partech, saw participation from E& Capital, Burda Principal Investments, EQNX, and existing backers. Founded in 2022 by Abdessamad Ben Zakour and Hamza Iraqui, Revibe specializes in offering […]<\/p>\n","protected":false},"author":84,"featured_media":79824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[234],"class_list":["post-79825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-botswana"],"yoast_head":"\nRevibe Secures $17 Million for Marketplace Growth - Botswana<\/title>\n<meta name=\"description\" content=\"Revibe, a digital marketplace for refurbished electronics, has secured $17 million in a Series A funding round. 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