Project Lobster captures 1.2 million for its digitized optics

Project Lobster takes a step forward to accelerate the growth of its network of opticians, born in 2018 with the purpose of digitizing the purchase process and shortening delivery times.

Thomas Osborne
Thomas Osborne
04 July 2022 Monday 07:06
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Project Lobster captures 1.2 million for its digitized optics

Project Lobster takes a step forward to accelerate the growth of its network of opticians, born in 2018 with the purpose of digitizing the purchase process and shortening delivery times.

The start-up has raised 1.2 million euros in a round led by the Dozen investor platform, which has contributed 500,000 euros, and the Cabiedes fund (among other investors). Óscar Valledor, founder and CEO, comments that the money will be invested in technological improvements, launching new lines of business and increasing the team, now made up of a total of 35 professionals.

The company, which raised another 300,000 euros to start up the business, has created a technological process that makes it possible to reduce intermediaries and deliver the glasses the day after the customer visits the physical store. "We take care of designing the frames, we subcontract production to different Asian suppliers and once the stock arrives, we adapt the glass through a digital process that allows us to reduce costs," says the entrepreneur, who adds that the frames are made from of organic material.

The brand offers mid-high range glasses. They can be purchased from about 100 euros in a total of five opticians, three in Barcelona, ​​one in Madrid and another in Valencia.

With this business model, the start-up invoiced 1.2 million euros in 2021 and this year it plans to reach 2.7 million.

"Demand has recovered after the paralysis of the pandemic, and we expect to grow in the three cities where we are already present," says Valledor, who maintains more than 50% of the property despite the capital increase that has just closed.