Grobo
Friends look for some seed money to help their business grow.
The ask
C$400,000 for 4%
Stated on air as “400k for 4%”
On-air result
Struck a deal
C$400,000 for 5%
Investing Dragons: Lane Merrifield, Manjit Minhas
Pitched by: Bjorn Dawson and Chris Thiele
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The Dragons' Den Canada pitch
- C$400K
- Asked for
- 4%
- Equity offered
- C$10M
- Implied valuation
- S14 · Ep 1
- Season
Friends look for some seed money to help their business grow.
Bjorn Dawson and Chris Thiele from Kitchener, ON entered the Den in Season 14, episode 1 and asked the Dragons for C$400,000 in exchange for 4% of the business.
Lane Merrifield and Manjit Minhas backed the pitch at C$400,000 for 5%.
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