Capital raise and investment in Kodasema

Only recently, we at Kodasema announced the investment opportunity for large institutional investors within the Series A round. Since a lot of KODA fans have asked and enquired how we are doing, we can say that having received a lot of interest and feedback, the investors are definitely very active even in current demanding economic times.

Since many of you (often also KODA existing or soon to be future owners) asked for an opportunity to come on board with a smaller investment ticket size more quickly – before our Series A round of 6-10m EUR is finalized – we have decided to open up an opportunity using convertible documents called the SAFE agreement, a well known convertible note in the United States and widely adopted standard form of Statup Estonia.

SAFEs are contracts that give investors the right to purchase shares up to the amount of their investment when Kodasema’s Series A funding round occurs. “Safe” comes from “Simple agreement for future equity”. It is meant to be a better convertible note and was originally created in 2013 by Carolynn Levy, who works at the technology startup accelerator Y Combinator.

It is essential for us to select a pool of investors who share our values and are a great match in many ways. If you are interested in the opportunity, please contact Kodasema CEO Birgit Linnamäe directly.


Disclaimer: The content of this newsletter is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for information purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. Like with any investment opportunity, capital is at risk.