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German eyewear retailer Mister Spex raises €7m in second round

Steve O'Hear

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Steve O’Hear is probably best known as a technology journalist, currently at TechCrunch where he focuses mainly on European startups, companies and products. He was previously co-founder and CEO of expertise platform Beepl where he helped the company navigate its first VC round, along with seeing the product through development, private alpha and a high profile public launch. In November... → Learn More

Tuesday, September 7th, 2010
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Mister Spex, the German online eyewear retailer, has raised over seven million Euros in a second round led by DN Capital. Existing investors Grazia Equity, High-Tech Gründerfonds, Team Europe Ventures and Astutia Ventures have also taken part, while Xange joins DN Capital as a new investor.

The new capital will be use to increase brand awareness in Germany and fuel international expansion, with the company recently opening up shop in France.

Mister Spex claims to be the largest online retailer of branded glasses in Germany, and offers a selection of high quality prescription glasses (including varifocals), sunglasses, sports glasses and contact lenses at competitive prices via the Internet.

In 2009 Mister Spex had a turnover of 4.5 million Euro, while in 2010 the company expects to exceed the 10 million Euro mark. Since launching in April 2008, Mister Spex has attracted more than 150,000 customers. The Berlin-based company has a total of 90 members of staff, including 50 permanent employees.

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  • http://www.brillenguru.de Brillenguru

    Well, this money could we need to ;)

  • China Lovely cell phones

    In 2009 Mister Spex had a turnover of 4.5 million Euro, while in 2010
    the company expects to exceed the 10 million Euro mark. Since launching
    in April 2008, Mister Spex has attracted mo
    -China
    Lovely cell phones

  • Daniel

    Wow that is really nice done! Otticanet is the largest online at all but I didnt know that Mister Spex wa that large! That is larger than Giarre.com, Customfit.eu, Italian-sunglasses.com and so on!

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