The Wand Company

Deal

"Kymera" – a buttonless gesture-based universal remote control

Season 8 · Ep 7 OtherAired 24 August 2010

The Wand Company is a "kymera" – a buttonless gesture-based universal remote control that got its big break on Dragons’ Den in Season 8, and convinced Duncan Bannatyne to invest.

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From the show

The Dragons’ Den pitch

£200K
Asked for: 30%
Offered equity: £667K
Sought valuation: £200K
Deal amount: 30%
Deal equity: £667K
Deal valuation

Founder Richard Blakesley and Chris Barnardo stepped onto the carpet in Season 8, Episode 7 in the episode that aired 24 August 2010. The Wand Company, the "kymera" – a buttonless gesture-based universal remote control, pitched in the Other category, one of 902 other businesses to brave the Den across all 21 seasons.

The ask was £200,000 for 30% of the company, an implied valuation of £667K.

Duncan Bannatyne made the deal at £200,000 for 30% equity. The deal valued the company at £667K.

Season 8 saw 81 pitches, and 17 of them closed a deal on air. In the Other category overall, roughly 11% of pitches have landed a dragon across the show's history.

Duncan Bannatyne£200K

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Frequently asked questions

Where can I buy The Wand Company?

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

Did The Wand Company get a deal on Dragons’ Den?

Yes. The Wand Company closed a deal for £200,000 in exchange for 30% equity, with Duncan Bannatyne.

Which dragon invested in The Wand Company?

Duncan Bannatyne invested in The Wand Company (£200,000 total as aired).

What season of Dragons’ Den was The Wand Company on?

The Wand Company appeared in Season 8, Episode 7, which aired 24 August 2010.

How much was The Wand Company asking for on Dragons’ Den?

The founders asked for £200,000 for 30% of the company, a £667K valuation.

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