eyewa raises $2.5 million pre-series B bridge round

eyewa raises $2.5 million pre-series B bridge round

Wamda, the Middle East region's leading startup ecosystem enabler, has invested in UAE-based eyewear e-commerce player eyewa, which has raised a pre-Series B bridge round of $2.5 million. The round was co-led by Wamda, EQ2 Ventures and Nuwa Capital. The investment is the company's third funding round.

Launched in 2017, the tech startup specialises in online retail of sunglasses, eyeglasses, prescription contact lenses and colour contact lenses. It offers a uniquely personalised user experience throughout the customer buying process and is now the largest online eyewear retailer in UAE and Saudi Arabia.

The investment demonstrates eyewa's growth and scalability potential as well as investor confidence in its business model amid the uncertainty businesses face in the wake of Covid-19. The company saw its business double during the lockdown as many customers switched