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.
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