Le Petit Lunetier, a Paris, France-based eyewear brand, raised USD4M in Equity funding.
The round was led by Neso Brands. Following the investment, Bjorn Bergstrom, CEO & co-founder of Neso Brands, and Peyush Bansal, co-founder of Neso Brands and CEO of the Lenskart Group, will join Le Petit Lunetier’s board of directors.
The company intends to use the funds to accelerate its expansion and solidify its brand presence in Europe, as well as introduce the brand to Neso Brands’ core markets in Asia and the Middle East.
Founded in 2015 by former Google and Rad.co executive Jérémie Encaoua and optician Elie Attias, Le Petit Lunetier is a direct-to-consumer eyewear brand that offers fashionable designs without compromising on quality or price. As a licensed optician chain, customers are also able to make purchases of prescription lenses in-store that are reimbursable via French public health insurance. Although beginning as an online retailer, the company now also owns and operates 16 stores throughout France.
FinSMEs
17/09/2023