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THE WHAT? Tattoo aftercare firm Mad Rabbit Tattoo has secured US$10 million in a Sequence A funding spherical, led by non-public fairness agency Lucas Model Fairness (LBE), with different buyers together with Mark Cuban, and H Enterprise Companions.
THE DETAILS With the brand new funding, Mad Rabbit plans to increase its product line, improve its advertising efforts, and develop its crew.
THE WHY? The tattoo trade has been experiencing a surge in funding just lately, showcased by the BIC acquisition of Inkbox and Prinker Korea Inc.’s current funding from L’Oréal, whereas LG Family & Well being Care introduced the approaching launch of a conveyable tattoo printer.
Oliver Zak, CEO of Mad Rabbit, says: “This funding will enable us to proceed to innovate and increase our product line, whereas sustaining our dedication to high quality and buyer satisfaction.”
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