Octopus Ventures Ltd, an early-stage investor, annunced to have closed a £1.355m investment into GetOptics Ltd.
The investment will facilitate the acquisition of GetLenses and PostOptics creating GetOptics, the UK’s largest online contact lens and eye care product business.
The funding was provided by the Octopus Titan 1, 2 and 3 VCTs, Eureka EIS, and the Octopus Investor Group.
Commenting on the deal, Alex Macpherson, Chief Executive of Octopus Ventures, said: “We look forward to providing GetOptics not only with the capital that they need but the strategic support to help them achieve their ambitious expansion plans”.
FinSMEs
21/09/2009