Financing & Term Sheet Outline
Lucaz Design is raising pre-seed capital to support the foundational buildout of operations, product development, and initial market entry. The objective is to secure strategic investment that enables disciplined growth while preserving operational and creative control.
DUAL INVESTOR STRUCTURE
Reflecting the studio’s dual product model, Lucaz Design offers two distinct investment pathways:
Core Collection Investor
Supporting original lighting, furniture, and objects developed within the Core Collection. This pathway is structured for long-term value creation within a design-led production system.
Lucaz Re:born Investor
Focused on the acquisition, reinterpretation, and reissue of selected design rights, primarily within seating and object typologies. This pathway offers comparatively faster commercial cycles through structured IP acquisition and re-release.
Both arms operate under a unified brand and shared infrastructure, while maintaining commercially distinct return logic.
CAPITAL REQUIREMENTS (PRELIMINARY)
£XX,000 – £XX,000
To support a 24-month development cycle, including:
– Prototyping and technical compliance
– Brand and product launch
– Key hires and core operational setup
– Targeted design rights acquisition (Re:born)
– Packaging, photography, and initial market visibility
USE OF FUNDS (INDICATIVE)
– 25% Foundational salaries and core team
– 20% Product development: prototyping, testing, certification
– 15% Design rights acquisition (Lucaz Re:born)
– 15% Brand assets: identity, website, packaging, photography
– 10% Market entry: PR, fairs, logistics
– 15% Contingency and strategic reserve
OWNERSHIP & IP CONTROL
Intellectual property remains structurally separated from investor equity.
– Core Collection designs remain the exclusive property of Cora Lucaz
– Re:born designs are developed under exclusive rights or licence agreements, with IP secured contractually
Investors acquire equity in the operating company only.
The operating company retains exclusive commercial rights to manufacture, distribute, and monetise all designs under long-term licence or ownership agreements. Structural separation protects authorship while ensuring full economic participation for equity holders.
IP may be housed within a dedicated holding structure to protect long-term design control across future financing rounds.
A detailed breakdown of investor instruments, valuation parameters, governance terms, and exit mechanics is provided in the Appendix D: Investor Term Sheets.
PROPOSED INVESTMENT INSTRUMENT
– Convertible Loan Agreement or SAFE (subject to legal review)
– Valuation cap: £XX million (to be confirmed)
– Discount: 15–25% on future equity round
– Maturity: 24–30 months
– Conversion: upon qualifying financing or exit event
– Governance: no voting rights pre-conversion; advisory board participation optional
– IP carve-out: all design IP remains property of Lucaz Design
– Exit options: secondary liquidity at Series A or structured dividend participation (subject to agreement)
STRATEGIC FIT
Lucaz Design seeks long-term partners aligned with structured growth, controlled production, and IP-backed value creation.
The studio is designed as a disciplined operating system — combining controlled production, rights management, and brand positioning to build durable commercial value over time.
