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Rebel Tech Raises €1.5 Million To Bring Cleaner Technologies To Mobile Phone Repairs

Apr 20, 2023•about 2 years ago

Amount Raised

€1.5 Million

Round Type

seed

Berlin

Investors

Magic FundFounders FactoryG ForceSatganaVoyagers Climate FundPlanet Fund

Description

Berlin-based Rebel Tech has raised a €1.5 million Pre-Seed funding round to develop its patent-pending deep tech tools and technologies for electronics repair. Rebel Tech’s laser separates a smartphone's glass from its electronic display it claims at the cost of €39 versus up to €700 with current methods being used in the market.

Company Information

Company

Rebel Tech

Location

Berlin, Maryland, United States

About

Rebel Tech is a Seed stage startup that aims to fix the electronics repair industry. While manufacturing has become fully automated, in 2023 repair is still done with screwdrivers and pliers. We aim to change that by developing high-tech tools and technologies that make repair scalable and affordable. Our first technology is a laser machine that can separate the cover glass from a smartphone display, making it possible to replace just the glass in a repeatable and scalabe way. We charge only €39 instead of the usual €200 to €700 for replacing the entire display.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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