Bloobloom Secures £3 Million for Europe Expansion
Deal News | May 28, 2025 | Pembroke VCT
Bloobloom, a company known for offering 'designer eyewear at a fair price,' has successfully raised £3 million in a recent funding round. This capital infusion will aid the brand's strategic expansion into European retail markets, enhance its physical footprint within the UK by increasing the number of stores, and bolster its online sales capabilities specifically in the US. The funding was secured from Pembroke VCT, a venture capital trust that invests in high-growth companies. As part of Bloobloom's growth trajectory, the funds are earmarked to support widespread geographical and infrastructural expansion, thereby strengthening its market presence both domestically and across multiple international fronts.
Sectors
- Retail
- E-commerce
- Venture Capital
Geography
- United Kingdom – Bloobloom plans to add to its portfolio of UK stores, indicating primary geographic operations and expansion within the UK.
- Europe – Bloobloom's European retail rollout points to its plans for geographic expansion within Europe.
- United States – The focus on expanding its online presence in the US suggests that Bloobloom is targeting the American market as well.
Industry
- Retail – The article discusses Bloobloom's plans to expand its retail presence in the UK and Europe, which highlights its involvement in the retail sector.
- E-commerce – The expansion of Bloobloom's online presence in the US aligns with e-commerce activities.
- Venture Capital – The funding was provided by Pembroke VCT, a venture capital trust, showcasing the role of venture capital in Bloobloom's growth.
Financials
- £3 million – The amount Bloobloom raised in the funding round to facilitate its expansion plans.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bloobloom | Target | Company | Bloobloom is a designer eyewear company offering products at a fair price, and is the recipient of the £3 million funding. |
| Pembroke VCT | Investing Company | Company | Pembroke VCT is a venture capital trust that provided the £3 million funding to Bloobloom. |