Air Car

AirCar Zero Pollution Motors - Automotive

Air CarDidn't CloseOtherWebsiteNew Paltz, NYby Ethan Tucker and Pat BooneS6E27

Pitch Details

Season / Episode

S6E27

May 1, 2015

Ask

$5M

for 50%

Ask Valuation

$10M

Deal

$5M

for 50%

Watch the Pitch

Deal Terms

Amount$5M
Equity50%
Valuation$10M
Robert HerjavecRobert Herjavec

What Happened Next

Deal Fell Through

Herjavec's investment was contingent on securing U.S. licensing rights from MDI (the French manufacturer), but MDI's licensing terms were never agreed upon.

Operating
0
  • US licensing rights from MDI never secured
  • No AIRPods reached US customers
  • Effectively defunct by 2025

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