The Lookiero Outfittery Group has raised 17 million euros as part of an investment round. The additional funds are intended to drive growth, strengthen the logistics structure and accelerate the development of new functions based on artificial intelligence (AI).
New investors such as Ekarpen Private Equity and Sociedad Española para la Transformación Tecnológica (SETT) took part in the latest financing round. In addition, existing backers such as Acurio Ventures, Perwyn, Bonsai Partners and 10x Group also participated.
7.25 million euros of the new funds come from SETT. This entity is under the Spanish Ministry of Digital Transformation and Public Service. The investment is part of the government’s policy to promote the technology sector.
“This milestone marks a new stage for the Lookiero Outfittery Group. The technological and logistical integration allows us to work more efficiently. This allows us to offer our customers across Europe a better experience,” emphasized Oier Urrutia, CEO of the Lookiero Outfittery Group, in a statement.
In 2025, the Spanish company Lookiero focused on the strategic consolidation of its business model. This happened as part of the merger with the German company Outfittery. With this step, both companies want to strengthen their leading position in the European market for digital personal shopping.
In the current financial year, the company achieved positive earnings before interest, taxes, depreciation and amortization (EBITDA). It also completed the unification of its technology and logistics systems. The group now operates on a common platform in twelve European markets.
The company also expanded its logistics capacities. It opened a new distribution center in Miranda de Ebro in the Spanish province of Burgos. The warehouse covers around 15,000 square meters. This enabled the group to expand its logistics space to a total of almost 25,000 square meters and strengthen its European sales network.
For 2026, Lookiero Outfittery Group plans to further increase profitability. The synergies from the merger should contribute to this. At the same time, the introduction of new functions based on artificial intelligence is planned. Application areas include improved styling personalization, demand forecasting and supply planning. The human component of the offer is retained through personal shoppers and stylists.
This article was created using digital tools translated.
FashionUnited uses artificial intelligence to speed up the translation of articles and improve the end result. They help us to make FashionUnited’s international reporting quickly and comprehensively accessible to a German-speaking readership. Articles translated using AI-based tools are proofread and carefully edited by our editors before they are published. If you have any questions or comments, please email [email protected]