Project Lobster
Financials
Estimates*
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | 1.2m | 2.0m | 2.4m |
% growth | - | 195 % | 53 % | 89 % | 61 % | 19 % |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% EBITDA margin | (3 %) | (34 %) | (1 %) | (28 %) | - | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | - | - |
% profit margin | (3 %) | (30 %) | (5 %) | (25 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €300k | Seed | |
N/A | €200k | Debt | |
€500k | Seed | ||
* | €1.2m | Seed | |
* | €2.0m | Seed | |
Total Funding | AUD6.8m |
Recent News about Project Lobster
EditProject Lobster is an innovative optical brand established in Barcelona in 2018, specializing in handmade eyewear that combines style and functionality. The company serves a diverse clientele, including individuals seeking high-quality, durable glasses with superior precision lenses. Operating primarily in the European market, Project Lobster offers a range of services such as eye exams, lens replacement, and tailored eyewear experiences through its optical stores located in Madrid, Barcelona, and Valencia. The business model focuses on direct-to-consumer sales, both online and in-store, ensuring a personalized shopping experience. Revenue is generated through the sale of custom-designed frames, prescription lenses, and additional services like lens coating and solar clip-ons. The company emphasizes quality and customer satisfaction, providing fully coated prescription lenses with every purchase, along with a frame case and lens cloth. Project Lobster's commitment to contemporary design and superior craftsmanship sets it apart in the competitive eyewear market.
Keywords: Handmade eyewear, Barcelona, precision lenses, tailored experiences, optical stores, eye exams, lens replacement, direct-to-consumer, prescription lenses, solar clip-ons.