BuyBack Booth secures $5.2 million in seed funding to bring smartphone diagnostic robot to market
Montreal’s BuyBack Booth, which provides artificial intelligence-based (AI) mobile phone evaluations at point-of-trade, has raised $5.2 million in a seed round led by Brightspark Capital. BuyBack Booth plans to use the funding to commercialize its robot-based smartphone diagnostic tech. BuyBack touts itself as a “robot-as-a-service” provider to the smartphone ecosystem. RELATED: Clearpath Robotics raises $40 million CAD Series C for industrial robot division“There are two outstanding reasons we invested in BuyBack Booth,” said Sophie Forest, Brightspark Capital’s managing partner. “At Investissement Québec, we’re proud to support businesses that work hard to find innovative, sustainable ways to meet market needs in a fast-changing market like BuyBack Booth’s,” said Guy LeBlanc, president and CEO of Investissement Québec.