Project Lobster

Project Lobster

A modern optical experience for those who see the world differently. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD12—18m (Dealroom.co estimates May 2023.)
Company register number B67222828
Barcelona Catalonia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues<1m<1m<1m1.2m2.0m2.4m
% 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

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DateInvestorsAmountRound
-

N/A

-
*

€300k

Seed
N/A

€200k

Debt

€500k

Seed
*

€1.2m

Seed
*

€2.0m

Seed
Total FundingCAD6.0m

Recent News about Project Lobster

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More about Project Lobsterinfo icon
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Project 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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.