Ecto Hand Planes
DealA bodysurfing hand plane that's made from recycled surfboards
Pitched by Chris Anderson
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The Shark Tank Australia pitch
- A$100K
- Asked for
- 20%
- Offered equity
- A$500K
- Sought valuation
- A$100K
- Deal amount
- 50%
- Deal equity
- A$200K
- Deal valuation
Chris Anderson brought Ecto Hand Planes into the Shark Tank Australia in season 3, episode 13, pitching a bodysurfing hand plane that's made from recycled surfboards.
They asked the sharks for A$100K for 20% of the company. That valued the business at A$500K.
Ecto Hand Planes reached a recorded on-air agreement with Naomi Simson at A$100K for 50%. This records the accepted terms, not confirmation that funding was completed.
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