Biba secures $1.3 mln in Leonite-led pre-Series A financing
Smart playground technology platform Biba Inc has raised $1.3 million in a pre-Series A financing. U.S. investor Leonite Capital led the round and was joined by Greg Zeschuk, co-founder of BioWare Corp, and Jason Kapalka, co-founder of PopCap Games Inc. Founded in 2014 by Ryan Nadel and led by CEO Matt Toner, Vancouver-based Biba develops augmented reality games and mobile apps to encourage parents and children in playground activities. To date, 1,000 Biba playgrounds have been installed across North America. The company will use the funds raised to fuel R&D, create more games, and install more playgrounds.
19 September 2017•3 mins read
