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Kodano Group raised €9M in a funding round led by Vinci Da Gama Fund to accelerate its expansion into European markets and enhance its laboratory development.

Oct 10, 2024about 1 year ago

Amount Raised

€9 Million

KrakówRetail

Investors

Vinci Da Gama Fund

Description

Kodano Group has secured €9 million from the Vinci Da Gama Fund to support its international expansion efforts. The funds will be primarily utilized to enhance the company's laboratory for optical lens production and to grow its retail and e-commerce presence across Europe.

Company Information

Company

Kodano Group

Location

Kraków, Lesser Poland Voivodeship, Poland

About

Kodano Group is a leading seller of optical products in Poland, specializing in the manufacture and distribution of lenses and eyewear frames. With a retail network of over 100 optical stores, the company has a strong focus on expanding its e-commerce model across the Central and Eastern European region. Kodano aims to broaden its product range and enhance profitability through the development of its laboratory, where optical lenses are produced.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers