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francesca_brandolini1 karma

Thanks Carlos Would that be the reason why you would refuse such application?

The tech subcontracted it is necessary for the product to exist but the finished product including its development for the application and commercialisation channels are owned by the ltd.

The challenge at this initial stage is to define the relationship of the 2 entities and possibly integrate them, would that be something that Seedcamp could address?

francesca_brandolini1 karma

Hi Carlos, Tom, Ricardo and Oli, would you consider to invest in a ltd with 1 director/shareholder no employes but contractors who is teaming up with a tech provider to lunch a new product? The ltd is seeking for your support in structuring the partnership agreement with the tech provider, and it is already generating revenues with a similar product but needs funding for the prototype. The tech provider owns an IP on the tech that the ltd would subcontract for the development of the new product.

Please let me know if you need more details to answer the question Looking forward to hearing from you kind regards francesca brandolini