Peel Engineering

Peel Engineering

Deal

The world's smallest production car, also powered by an electric motor

Season 8 · Ep 6ElectronicsAired 16 August 2010

Peel Engineering, the the world's smallest production car, also powered by an electric motor, landed on the national radar after pitching the dragons in Season 8, and convinced JamesCaan to invest.

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From the show

The Dragons’ Den pitch

£80K
Asked for
30%
Offered equity
£267K
Sought valuation
£80K
Deal amount
30%
Deal equity
£267K
Deal valuation

Faizal Khan and Gary Hilman faced the dragons in Season 8, Episode 6 in the episode that aired 16 August 2010. Peel Engineering, the the world's smallest production car, also powered by an electric motor, pitched in the Electronics category, one of 26 electronics businesses to brave the Den across all 21 seasons.

They came in asking £80,000 in exchange for 30% equity, putting a £267K valuation on the business.

JamesCaan made the deal at £80,000 for 30% equity. The deal valued the company at £267K.

Across Season 8, 17 of 81 pitches ended in a handshake. In the Electronics category overall, roughly 46% of pitches have landed a dragon across the show's history.

JamesCaan£80K

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Frequently asked questions

Where can I buy Peel Engineering?

Check current price and availability on Amazon. Note that some Dragons’ Den products are discontinued or sold under a new name.

Did Peel Engineering get a deal on Dragons’ Den?

Yes. Peel Engineering closed a deal for £80,000 in exchange for 30% equity, with JamesCaan.

Which dragon invested in Peel Engineering?

JamesCaan invested in Peel Engineering (£80,000 total as aired).

What season of Dragons’ Den was Peel Engineering on?

Peel Engineering appeared in Season 8, Episode 6, which aired 16 August 2010.

How much was Peel Engineering asking for on Dragons’ Den?

The founders asked for £80,000 for 30% of the company, a £267K valuation.

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