Loliware

edible disposable cups

LoliwareDealFood & BeverageSan Jose, CAS7E2

Pitch Details

Season / Episode

S7E2

Oct 2, 2015

Ask

$150,000

for 10%

Ask Valuation

$1.5M

Deal

$600,000

for 25%

Watch the Pitch

Deal Terms

Amount$600,000
Equity25%
Valuation$2.4M

What Happened Next

Operating

$3M

estimated

  • Deal closed with Mark Cuban and Barbara Corcoran for $600,000 for 25% equity
  • Pivoted from edible cups to seaweed-based straws and B2B materials model
  • Partnerships with Pernod Ricard and José Andrés Group

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