Mister Spex raises €65m for business expansion

Mister Spex raises more than €65m to fund its business expansion

Online eyewear retailer Mister Spex has raised more than €65m to fund its business expansion.

The capital was raised through an equity round, with participation from existing investors. Hamburg-based Bull Family Office led the investment, while Global Growth Capital provided a senior debt facility to Berlin-based Mister Spex.

Incorporated in 2007, Mister Spex now sells to more than three million customers across 10 countries and also has developed a network of retail stores in Germany.

Founder and co-CEO of Mister Spex Dirk Graber said: ‘The current financing round will enable us to invest in further growth, and we have established three clear strategic priorities: further expansion of our retail store network, internationalisation and additional investment into logistics.’