Loliware Shark Tank Update

edible disposable cups

DealNow:OperatingFood & BeverageSeason 7, Episode 2San Jose, CA

What Happened to Loliware After Shark Tank

Is Loliware still in business? Yes — still in business.

$3M

estimated annual revenue

  • 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

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

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The Loliware Shark Tank Pitch

Loliware, from San Jose, CA, pitched on Shark Tank Season 7, Episode 2, which aired Friday, October 2, 2015, asking for $150,000 for 10% of the company — a $1.5M valuation.

Barbara Corcoran and Mark Cuban teamed up and agreed to invest $600,000 for 25% equity, valuing the company at $2.4M. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S7E2Oct 2, 2015
Ask
$150,000for 10%
Ask Valuation
$1.5M

Deal Terms

Amount
$600,000
Equity
25%
Valuation
$2.4M