Nordic Eye News
Follow up investment – Tattoodo
Fund 1 Follow-up investment
- October 9, 2020
As a lot of tattoo parlours all over the world have been closed for several months, Tattoodo has had to cut enormous costs while also not charging all their customers subscribing on their app.
Luckily for them, the Danish Government has offered them a 1/3 package – meaning that they could receive 3x on whatever funding from existing investors they could get. Along with Seedcapital and 4-5 private investors on the cap-table, Nordic Eye has helped to secure the company receiving the compensation package from the Growth Fund. The strategy is therefore that the 10M DKK that have already been secured, should bring Tattoodo to profitability.
