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Dinoski

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Dinoski - Kidswear Brand of the Year 2022

179%
 - 
Funded 7 Nov 2022
£300,000 target
£664,747 from 327 investors
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Business overview

Location London, United Kingdom
Social media
Website www.dinoskiwear.com/
Sectors Clothing & Accessories Mixed Digital/Non-Digital Mixed B2B/B2C
Company number 10857241
Incorporation date 10 Jul 2017
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Investment summary

Type Equity
Valuation (pre-money) £4.5M
Equity offered 10.63%
Share price £0.37
Tax relief

EIS

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Business highlights

  • Kidswear Brand of the Year 2022
  • Stockists include Harrods, Selfridges, Next & John Lewis
  • License partners include Paw Patrol, Peter Rabbit & WWF
  • Recycled over 500,000 plastic bottles into clothing
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Key features

  • Secondary Market
  • Nominee investment min. £10.36 +
  • Idea
  • Team
  • Updates
  • Investors 327
  • Discussion
  • Documents

Idea

Introduction

Empowering the future saviours of our planet!

Eco-friendly, character-themed clothing for every family adventure, whatever the weather.

Backed by the creator of Paw Patrol & Bob the Builder, we aim to help get kids off screens & nurture a deeper love for the great outdoors!

Since launching in 2018 we've generated over £1m in sales, growing revenue 600% (faster early growth than a small running shoe company called Blue Ribbon when they first launched, prior to changing their name to Nike!).

Our clothing is made from recycled plastic bottles. So far we've recycled over 500,000 bottles into epic outdoor kids clothing.

Successfully featured on Dragons Den. Awarded Best Kids Activewear, Best Eco Swimwear & Best UK Fashion Newcomer. Winner of Klarna's Small Business Support Package & most recently, winner of Kidswear Brand of the Year by Drapers.

We're building a far bigger proposition than 'just another clothing brand' & we'd love you to join the adventure!

Substantial accomplishments to date

• 600% growth in 4 years despite Covid*

• Retail partners include Harrods, Selfridges, Next, John Lewis, Bloomingdales & Harvey Nichols.

• Product partnerships include Paw Patrol, Peter Rabbit, WWF, Penguin Ventures & NASA.

• 4% order returns compared to an industry average of 30%+

• Average DTC product margin of 75%*

• Recycled over 500,000 plastic bottles into epic outdoor kids clothing

• Planted over 15,000 trees

• Successfully featured on BBC's Dragons Den!

• Our crowdfunding campaign was oversubscribed by 130% in 2019

*Based on unaudited management accounts

Monetisation strategy

Our clothing collection spans rainwear, swimwear and winterwear. 50% of our apparel sales are made direct to consumers (DTC) through our eCommerce website. 50% of sales are wholesale to international retail partners such as Harrods, Selfridges, Next + 50 other partners.

One of the biggest kids outdoor brands that we admire is Reima. They're achieving sales of €140m per year. Research with KidsKnowBest showed that over 78% of kids aged 0-9 preferred our clothing over Reima's which shows why we think this opportunity is so exciting!

On top of clothing, we also offer custom clothing and family staycations on our fleet of American School Buses which we converted into adventure cabins during covid to bring our outdoor ethos to life!

The biggest opportunity of them all is scaling the IP of our own characters, designed by the brilliant children's illustrator Jane Foster. Through clever storytelling we aim to establish our characters as climate superheroes & simplify growing environmental issues into their purest form.

By including kids in the climate conversation from a younger age we hope to empower them to care more for the planet as they grow up.

We see major merchandising and licensing opportunities as we scale.

Use of proceeds

All progress to date has been achieved with a full time team of only 3 people, an average marketing budget of only £4.5k per month, presence at only 2 trade shows, and zero support from distributors.

With our £300,000 minimum funding goal, we plan to action the following:

• Key hires: Head of Marketing, Customer Service, International Sales Agents & Distributors

• Increased budget for paid marketing both in UK & EU, and more resources dedicated to content creation for future collaborations and partnerships

• Set up a new warehouse partner in Europe to help navigate import duty/taxes since Brexit, to increase our European DTC sales conversion

• In Store: We will invest in merchandising displays for retail partners to maintain our strong sell through performance and drive bigger repeat orders. We have also begun planning our own physical pop-up store.

• IP: Developing our characters' personalities, voices & storylines, and strengthening our IP so that we can scale into various other sectors (animation, film, print, gaming, NFT’s), all in line with supporting our mission to get kids of screens and outside.

With overfunding up to £500,000, we plan to expand internationally:

• Germany is the biggest European market for outdoor clothing and kids wear snow suits everyday in Scandinavian countries - we have zero presence in either territory! We will target trade shows and key distributors in these territories.

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If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

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Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Dinoski has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 3 October 2022 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £4,532,987

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Seedrs.

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Equity Offered

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Payment options

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Business Involvement

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Payment options

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Security Token

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