Investment & Fund Management

LAKOR, a textile company based in Aarhus, Denmark, faced significant challenges as it transitioned from a lifestyle brand founded by artists and surfers into a structured business. Initially, the company struggled with product development and market understanding, pouring all their capital into a single collection without adequate knowledge. This led to a critical reassessment of their approach, prompting the founders to seek external funding to support their growth and expansion.

To address these challenges, LAKOR turned to EIFO, a bank supported by the European Investment Fund (EIF), to explore additional financing options. The tailored solution involved securing funding that would enhance their sales, expand their product catalog, and increase brand recognition in new markets. This strategic move allowed LAKOR to stabilize its operations and focus on sustainable practices, such as a deposit system for returned clothing and a commitment to planting a mangrove tree for every piece sold.

As a result of these efforts, LAKOR has successfully scaled its operations, selling approximately 100,000 shirts annually. Their innovative sustainability initiatives have also led to the planting of 390,787 trees, showcasing their commitment to environmental responsibility while achieving significant business growth.