Filippo Loreti, a Florence, Italy-based maker of luxury watches, raised €926,960 in crowdfunding.
The company successfully conducted a campaign on Kickstarter and received funds from 6,090 backers.
Co-founded by Matas Jakutis and Danielius Jakutis, Filippo Loreti designs and makes watches for men and women inspired by the culture and history of Italian Renaissance. The watches are made from a composite stainless steel polymer.
The company has now started producing the first series of watches, which are expected to be delivered in February 2015.