Biba, a Vancouver, Canada-based smart playground startup, raised $1.3M in Pre-Series A funding.
The round was led by Leonite Capital LLC with participation from Greg Zeschuk, Co-Founder of renowned game company BioWare, and Jason Kapalka, Co-Founder of equally renowned PopCap Games.
The funding will be used to accelerate R&D, create more games, and install more Biba playgrounds.
Founded in 2014 and led by Matt Toner, CEO, Biba provides a suite of augmented-reality enhanced mobile games that encourage physical activity on the playground. It uses the smartphones found in every parents’ pocket or purse to unlock new games every time a family visits the playground. Biba’s smart playground system also turns healthy gameplay into actionable data that park managers and owners can use to learn more about their community’s play spaces. It can track a series of advanced metrics from time of day and duration of play sessions to weather conditions, to generate a profile for each playground and deliver monthly reports to park and city officials.
FinSMEs
20/09/2017