Telus Ventures invests in UK tech repair chain

LONDON, UK — UK tech repairs specialist iSmash announced yesterday it has finalized a new investment round, led by Telus Ventures, to accelerate its nationwide expansion across the UK. Telus Ventures is Telus Corp.’s strategic investment arm. The amount of the investment was not disclosed. iSmash says it will use the investment to develop its service channels, which includes the UK-wide rollout of walk-in service centres offering express repairs of smartphones, tablets and computers. Telus already owns Canadian smartphone/tablet repair company Mobile Klinik, which it purchased in July 2020. According to a press release, iSmash and Mobile Klinik “will collaborate...