LUCAZ RE:BORN
FUTURE CAPITAL PATHWAY
Lucaz Re:born remains a later strategic layer rather than an immediate capital priority.
Its financing requirements will arise from specific opportunities to acquire or exclusively license rights to selected historic works. Because each opportunity may involve different rights, territories, acquisition costs and commercial structures, Re:born capital should be structured around verified opportunities rather than a predetermined funding round.
Depending on the transaction, future Re:born financing may sit within Lucaz or within a dedicated structure or SPV. The appropriate model will be determined through legal, IP and commercial due diligence.
CAPITAL PRINCIPLE
Core Collection investment and future Re:born investment need not follow identical structures.
The Core Collection builds the original Lucaz design house and its long-term production infrastructure. Re:born capital may subsequently finance specific rights acquisitions and their development and commercialisation. Maintaining this distinction allows Lucaz to protect founder authorship while allocating capital according to the different economics and risk profiles of each activity.
Investor Term Sheets
Preliminary framework for the financing and ownership principles underpinning Lucaz’s development. Final investment structure and terms will be determined following completion of the initial production diagnostic, development budget and legal review.
LUCAZ — CORE COLLECTION
CURRENT CAPITAL PRIORITY
The immediate capital priority is the development of the Core Collection, beginning with lighting.
Funding will support the transition from Cora Lucaz’s existing design archive into technically resolved, economically sound and repeatable products, while establishing the production and commercial infrastructure required for controlled market entry.
CAPITAL REQUIREMENT
The precise private-capital requirement will be determined following the initial archive and production diagnostic and preparation of a detailed development budget.
Lucaz is currently evaluating a combination of founder capital, relevant public funding and patient private investment, with private capital intended to complement rather than unnecessarily replace non-dilutive funding where appropriate.
USE OF FUNDS
– Founder salary during the development period
– Senior Production Lead / Consultant
– Technical development, engineering and production drawings
– Prototyping and material development
– Compliance and certification, including CE, UKCA and UL requirements and DALI integration where relevant
– Supplier and workshop development
– Tooling and initial production requirements where necessary
– Quality-control systems and technical documentation
– Packaging and logistics development
– Legal, IP and contractual infrastructure
– Brand, photography, film and communications required for controlled market entry
– Initial commercial and showroom / presentation activity
– Appropriate working-capital and contingency provision
INVESTMENT PROFILE
Lucaz is seeking patient, design-literate capital aligned with long-term founder stewardship and brand building.
The preferred structure is minority and non-controlling. Investor participation should provide sufficient capital and strategic support for the company’s development without compromising Cora Lucaz’s authorship, creative direction or long-term control.
INVESTMENT STRUCTURE
The appropriate instrument — whether direct equity, a convertible instrument or another minority structure — will be determined with legal and financial advisers once the capital requirement, valuation basis and investor profile are sufficiently developed.
Any future valuation, conversion mechanics, investor rights and governance provisions will therefore be established as part of the actual financing process rather than predetermined at this stage.
GOVERNANCE
Lucaz is intended to remain founder-led.
Investor governance rights will be proportionate to the investment and negotiated as part of the financing documentation. Strategic advice, industry knowledge and relevant networks may form an important part of investor fit, but operational and creative leadership remains with Cora Lucaz.
CREATIVE OWNERSHIP & IP
Cora Lucaz is the author of all original designs within the Core Collection.
The relationship between founder-held intellectual property and the operating company will be formally structured with specialist legal advice. Investment in Lucaz is intended to provide participation in the economic development of the company without automatically transferring ownership of the founder’s underlying creative work.