Ivan Mojsilovic
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, in total, we raised $200,000 from investors, from the same investor.
Right now, only 20,000.
No, not 20,000.
200,000 total.
And we are fundraising right now.
It's going to be equity round.
We are fine with the convertible note as well, but the equity would be a better way.
And what's the market?
Where are you based?
We're based in Eastern Europe, in Bulgaria and Serbia.
Well, yeah, all five of them.
So it's almost non-existent.
It's almost non-existent.
There's maybe five, six funds, you know, institutional investors, and maybe like a few dozen angels, but that's about it.
It's not the best place to raise money.
Yeah, well, we actually did that only locally in Serbia, and eventually, at the end, we just shut it down.
We still support several customers, big customers that we have, because we don't want to let them down, but we don't make any money on it.
We just keep it alive for them, so we don't do that anymore.
It's around...
It's around 200,000 euros a year.