
MappedIn
Hongwei Liu & Desmond Choi from Waterloo, ON, pitch their interactive indoor navigation system.
The ask
C$150,000 for 10%
Stated on air as “150K for 10%”
On-air result
Struck a deal
C$150,000 for 10%
Investing Dragons: Bruce Croxon, Kevin O'Leary, Jim Treliving
Pitched by: Hongwei Liu & Desmond Choi
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From the show
The Dragons' Den Canada pitch
- C$150K
- Asked for
- 10%
- Equity offered
- C$1.5M
- Implied valuation
- S7 · Ep 6
- Season
Hongwei Liu & Desmond Choi from Waterloo, ON, pitch their interactive indoor navigation system.
Hongwei Liu & Desmond Choi from Waterloo, ON entered the Den in Season 7, episode 6 and asked the Dragons for C$150,000 in exchange for 10% of the business.
Bruce Croxon, Kevin O'Leary and Jim Treliving backed the pitch at C$150,000 for 10%.
More Kids & Education pitches
Asked C$50KPebble Star Productions
Will Stroet from Vancouver, BC, hopes the Dragons will get invested in his entertainment business for kids.
Asked C$100KOneberrie
Sue-Rose Read from Invermere, BC, pitches her baby bath towel.
Asked C$200KVancouver Circus School
Travis Johnson from Vancouver, BC, enters the Den hoping the Dragons want to get in the ring with his circus school.
Asked C$800KLiquid Express
These Toronto, ON, entrepreneurs plan to save landfills from plastic bottles with their automated system for refilling wiper fluid.
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