Biem Shark Tank Update

device that converts a stick of butter into a butter spray

Fell ThroughNow:StrugglingFood & BeverageSeason 8, Episode 4TX

What Happened to Biem After Shark Tank

Is Biem still in business? Yes — still in business, but struggling.

Deal Fell Through

Lori Greiner backed out — no working prototype available during due diligence

  • The deal with Lori fell through.
  • Biem had a whole lot of angry Kickstarter backers.
  • The first version didn't work, so they made a Biem 2.0 and the backers had bad things to say.
  • The Better Business Bureau investigated complaints.

Last verified Apr 1, 2026. Web-confirmed sources.

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The Biem Shark Tank Pitch

Biem pitched on Shark Tank Season 8, Episode 4, which aired Friday, October 14, 2016, asking for $500,000 for 5% of the company — a $10M valuation.

Lori Greiner agreed to invest $500,000 for 14% equity, valuing the company at $3.6M. The deal fell through after the show. Lori Greiner backed out — no working prototype available during due diligence.

Watch the Pitch

Pitch Details

Aired
S8E4Oct 14, 2016
Ask
$500,000for 5%
Ask Valuation
$10M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$500,000
Equity
14%
Valuation
$3.6M
Lori GreinerLori Greiner