Mobile Klinik secures $27.5M to help fund expansion

TORONTO - Smartphone and tablet repair company Mobile Klinik has closed an equity capital funding raise of CAD $27.5 million as it forges ahead with its planned rollout of 200 Canadian stores by 2022.The financing was led by a number of investment funds and includes a minority investment by the Canadian Business Growth Fund (CBGF), as well as private individuals, including several of the company's founders and early-stage investors. The investment brings total funding for Mobile Klinik to date to $44 million."We're committed to meeting Canadians' needs for professional, warrantied, while-you-wait smartphone and tablet repair, care, sales and service from coast-to-coast-to-coast," said CEO...