DAME is a market leader in the sustainable period products sector, capturing an underserved market, which will be worth $63bn globally by 2026.
They develop and manufacture period products that are both kind to the planet and to the user, under the protection of their own IP.
Having gained significant traction, both on their DTC site and with major retailers such as Boots, Waitrose and Sainsbury’s, and feature just under 1000 retail stores across the UK we advised on their investment round which was syndicated by Sky Ocean Ventures (recently acquired by Founders Factory) an Italian family office and supplemented by angel investment through the Oxford Investment Network to accelerate new product and growth.
The deal was made through a mixture of convertible loan notes and advanced subscription agreements.
“We turned to BDO for help in structuring a bridging round when we were short on time and resources - they helped build our model and tell our story so that the commercial proposition was front and centre.”
Alec Mills, Co-Founder and CEO, Dame