X-Matik Inc.

Two engineers are eager to drive home a Dragon investment with their multi-million dollar product.

The ask

C$350,000 for 10%

Stated on air as “350K for 10%”

Deal outcome: not recorded. CBC does not publish Dragons' Den Canada deal results, so we show every entrepreneur's ask, not disclosed terms.

Pitched by: Nima Ashtari & Rob Lengyel

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From the show

The Dragons' Den Canada pitch

C$350K
Asked for
10%
Equity offered
C$3.5M
Implied valuation
S12 · Ep 8
Season

Two engineers are eager to drive home a Dragon investment with their multi-million dollar product.

Nima Ashtari & Rob Lengyel from Toronto, ON entered the Den in Season 12, episode 8 and asked the Dragons for C$350,000 in exchange for 10% of the business.

What happened next isn't part of the public record: CBC does not release Dragons' Den Canada deal outcomes. This page documents the ask exactly as it was made, and never claims a deal was struck.

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