LBA investors complete investment into Astrid & Miyu, a unique yet wearable quality design Jewellery startup.
Astrid & Miyu, a fast growing jewellery brand, has closed an investment round from LBA and other investors as well as the LBA EIS Roundtable Syndicate Fund 2016.
This London based company is a fast growing jewellery brand which aims to provide well-branded, designed and made jewellery at accessible price points for young fashion savvy females. The brand offers classic jewellery with a modern, trend-led twist that has been wore and commented by well-known celebrities such as Pippa Middleton.
In 2017, Astrid & Miyu opened its flagship store in St Christopher’s Place as well as a further BoxPark popup in Shoreditch. Moreover, the brand is also being stocked in 3 Selfridges stores in London and Manchester.
The company has demonstrated significant yoy growth. This round of funding will help to boost its online marketing through existing and new profitable channels, open an additional store and invest in brand equity. This new round of funding follows a seed round in July 2015 which was also supported by LBA investors and the London Co-Investment Fund.
Connie Nam, Astrid & Miyu founder, comments, “LBA has been such a supportive group of investors. A&M were able to get great advice from seasoned investors and also complete a very quick, seamless follow-on round mainly with existing investors. I look forward to the journey with all my investors.”
Anthony Clarke, LBA CEO, comments, “since LBA investors first invested into Astrid and Miyu in July 2015, the company has demonstrated significant growth through both its online and offline offerings. This new round of funding will enable the company to continue to invest in profitable sales channels and build out the brand image.
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