Lucyd launches crowdfund for Innovative Eyewear Inc.

LONDON, UK: Tekcapital Plc (AIM: TEK, OTCQB: TEKCF), the UK intellectual property investment group focused on transforming university technologies into valuable products that can improve quality of life, is pleased to announce that portfolio company Lucyd‘s Innovative Eyewear subsidiary has launched a new Regulation Crowdfund. They are seeking to raise $500,000 at a $20m pre-money valuation. The proceeds are earmarked for building inventory to meet increasing customer demand from its e-commerce and retail sales channels.

Harrison Gross, Lucyd cofounder and CEO said, “We are pleased to announce our second Reg CF crowdfund to help meet the rapidly growing demand for our popular Lucyd Lyte e-glasses, which we launched this past January. To-date the product has received more than 200 5-star ratings on Amazon and our Lucyd.co e-shop. We plan to introduce six new styles of our smart eyewear in the next 60 days, including the first titanium front Bluetooth glasses, which weigh just 30 grams, the same as traditional eyewear.”

Lucyd’s mission is to Upgrade your Eyewear with advanced ergonomic frames that are easy to use, fun to wear, and help you stay safely connected to your digital life. The Lucyd brand and IP portfolio are exclusively licensed to and operated by Innovative Eyewear, Inc. To learn more, or order Lucyd Lyte, please visit https://lucyd.co

Tekcapital currently owns 100% of the share capital of Lucyd Ltd and approximately 80% of the share capital of its U.S. operating subsidiary, Innovative Eyewear, Inc.

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21 Jul, 4:43 pm GMT+1 ·Disclaimer

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