Miller and Marc closes a financing round of 750.000 euros

Strengthens your expansion strategy

Miller & Marc becomes the only Spanish company in which the Mazzucchelli family has invested so far.

---

The company Miller&Marc has just closed a financing round of 750.000 euros led by the family Mazzucchelli. The brand of prescription glasses and designer sunglasses is associated with the Italian company, which has been dedicated to the acetate industry for 6 generations and, for the first time, invests in a Spanish company. Orsi Mazzucchelli SpA has covered 95% of the funds raised, while the remaining 5% has been invested by current partners.

 

With the recent injection of 750.000 euros, the ecommerce which was born in 2016 and in less than a year had already opened its first physical store in Madrid followed by Barcelona, ​​Palma de Mallorca and Malaga, is committed to reinforcing its expansion and growth strategy with the opening of five more points of sale for this year 2020.

 

To get it, Miller & Marc wants to invest in the growth of the team with the incorporation of experts in the area of ​​marketing, point of sale management and product design. “It is not only about selling a designer product, but ensuring that it is of the highest quality. We have always trusted in acetate Mazzucchelli for the manufacture of our frames and also shares our artisanal values, of responsible origin. Joining them brings great value to the company,” he says. Sergio Navarro, founder and CEO of Miller & Marc.

 

With more than 160 years in the industry, the family Mazzucchelli is specialized in cellulose acetate of plant origin, which is obtained from wood pulp and cotton. This raw material adapted to the manufacture of glasses provides the quality for which Miller & Marc bet since its beginnings.

 

Silvia Orsi Mazzucchelli, president of Orsi Mazzucchelli SpA has declared: “Our investment is proof of the enthusiasm we have for Miller & Marc's commercial formula and for its development potential in Spain and Europe thanks to the synergy between ecommerce and physical stores together with an offer of current designer glasses and of the best quality".

 

Miller & Marc It was born as an ecommerce in 2016 by five friends. In 2017, it opened its first physical store after identifying the user's need to be able to go to a physical optician to measure their diopters. The firm offers all prescription glasses for a final price of €89 and has already sold more than 15.000 units. “Our long-term goal is to provide all Spaniards with design and quality glasses at an affordable price in order to transform the traditional optical industry, accustomed to exorbitant prices,” concludes Navarro.