DN Capital et al. invest €7m in Mister Spex
DN Capital has led a €7m funding round in Mister Spex, a German online retailer of eyewear.
Xange Capital also participated in the round together with existing investors Grazia Equity, High-Tech Gründerfonds, Team Europe Ventures and Astutia Ventures.
The new capital will be used to expand the company's marketing activities and back Mister Spex's growth in Germany as well as support the international expansion. Based in Berlin, the company was founded in 2008 as an online retailer of eyewear such as glasses, contact lenses and sunglasses in Germany. Mister Spex has already reached profitability and is cash generative.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Emanuel Eftimiu on +44 20 7484 9824 or emanuel.eftimiu@incisivemedia.com
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