What is Reebelo?
Founded in 2019 and headquartered in Singapore, Reebelo operates as a prominent marketplace dedicated to offering refurbished and sustainable technology devices across the Asia-Pacific region. The company addresses the growing demand for cost-effective electronics while simultaneously promoting environmental responsibility by extending the lifecycle of devices. Reebelo's business model is centered on making sustainable tech accessible, positioning itself as a key player in the circular economy for electronics.
How much funding has Reebelo raised?
Reebelo has raised a total of $51.3M across 2 funding rounds:
Angel/Seed
$1.3M
Series A
$50M
Angel/Seed (2020): $1.3M with participation from Antler and June Fund
Series A (2023): $50M led by Moore Strategic Ventures, Antler, and Cathay Innovation
Key Investors in Reebelo
Moore Strategic Ventures
Moore Strategic Ventures is an investor participating in Reebelo's funding rounds. Further details on their specific investment focus are not provided.
Antler
Antler is a global venture capital firm that partners with exceptional founders to launch and scale startups. Their investment in Reebelo suggests a focus on early-stage companies with strong growth potential and innovative business models.
Cathay Innovation
Cathay Innovation is a global venture capital firm that invests in multi-stage startups making a positive impact through technology. Their participation indicates a strategic interest in Reebelo's mission and market position.
What's next for Reebelo?
With the recent influx of major strategic investment, Reebelo is poised for accelerated expansion and enhanced operational capabilities. The company's focus on sustainability and affordability in the tech sector aligns with increasing consumer and regulatory trends favoring eco-conscious consumption. Future initiatives are likely to involve scaling its marketplace operations, broadening its product offerings, and deepening its market penetration within the APAC region. This strategic backing will be instrumental in solidifying Reebelo's position as a leader in the sustainable technology market.
See full Reebelo company page