![]() ![]() headquarters in San Mateo, California, its first in the United States. Now the company is back with an additional $29 million in Series A extension dollars and a new U.S. TechCrunch has followed the company’s journey from raising a seed round in 2020 to a $20 million Series A round in 2022. In addition to Singapore, Reebelo services Australia, New Zealand, Malaysia, Hong Kong and South Korea. The company offers one-year warranties, certified sellers and 30-day free returns. The marketplace includes pre-owned devices, like laptops, tablets, smartwatches, phones and gaming, that are available for purchase at up to 70% savings. “Now, we also went into gaming and then ‘close by’ categories, while some markets went a little bit outside of consumer electronics to become a good place for sustainable consumption.” “In the beginning, it was very much focused on phones,” Franta told TechCrunch. Singapore-based Reebelo, a marketplace for affordable and sustainable consumer electronics, has had a passion for keeping electronics out of landfills since it was started by Philip Franta and Fabien Rastouil in 2019. Much of this is driven by consumer behavior to reduce waste and have more sustainable consumption of goods. ![]() The global circular economy, comprising the sale of secondhand and refurbished goods, was valued at about $339 billion in 2022 and is poised to more than double by 2026. ![]()
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