
Glasses Group Global raises $3m series-A
Caixa Capital Risk and Nova Founders Capital have led a $3m funding round for Germany- and Malaysia-based online eyewear retailer Glasses Group Global.
The funding round follows a $1.5m seed funding round in January 2013, which brings the company's total capital raised to date to $4.5m. The new investment will enable the company to further expand globally.
Glasses Group founder Christopher Strauch is the brother of Raphael Strauch, a managing partner at Nova Founders.
Caixa has invested across different sectors in recent years. In February 2015, it led a €4.3m funding round for Tecalum Industrial, a Spain-based provider of aluminium components.
Company
Founded in 2013, Glasses Group is an online eyewear retailer that mainly operates in the Asia-Pacific region. The company sells prescription glasses, contact lenses and designer sunglasses from 150 brands to customers in 14 countries. It has headquarters in both Berlin and Kuala Lumpur.
People
Christopher Strauch is the founder and CEO of Glasses Group.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater