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Singapore-based Reebelo raises $20M to save pre-owned devices from landfills



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Based in Singapore with offices throughout Asia and Australia, Reebelo wants to make buying pre-owned tech as desirable as a brand new device. “What we have seen is that many younger generations are very much open to the idea of sustainable consumption,” co-founder Philip Franta told TechCrunch. “We see a lot of growth and momentum in the space globally, but also here in this region, because I think we are finally at the stage as a society where we’ve realized that the way we’ve consumed in the past is not sustainable.”
Investors agree, with Reebelo announcing a $20 million Series A today, led by Cathay Innovation and June Fund. Other participants include FJ Labs, …

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