Erik Gatenholm

And I encourage the people who have professors as fathers to do it.

We are actually in the, uh, we're in the seed round.

So this is interesting.

So coming from the U S again, so we're trying to do this thing in Sweden.

Um, uh, both Hector and I were, we were studied in us and, and, and, uh, doing this thing here, you know, a Swedish round a is, is not a million or $5 million.

What is it?

A Swedish round a could be basically $500,000.

Oh, wow.

Okay.

And it's, and it's, you know, so you come with these concepts and you come with these ideas that, you know, you're going to raise around a, and you go to an investor and you say, this is much I'm raising.

Let's say we're, we're starting to raise a $200,000.

Uh, and you know, when you say this is a seed round and they say, no, you know, this is not a seed round.

This, this is, this is almost around a, uh, so, so it's kind of, you, you have to kind of come back and to the investor and say, you know, let's, uh, okay, we'll call it.

What would you call it?

And, and, and, uh, this was expected for the money, but,

We're raising about $200,000 right now.

We have a few offers on convertible notes already from local investors, private people, and also some incubators.

But we want to go in for some private.

So we want to mix about half and half.

So, so interest rate on, on, on standard market, actually in Sweden, it's almost negative.