Edible Bug Shop
DealEdible insect business selling ground cricket flour
Pitched by Skye Blackburn
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The Shark Tank Australia pitch
- A$170K
- Asked for
- 20%
- Offered equity
- A$850K
- Sought valuation
- A$170K
- Deal amount
- 50%
- Deal equity
- A$340K
- Deal valuation
Skye Blackburn brought Edible Bug Shop into the Shark Tank Australia in season 1, episode 2, pitching edible insect business selling ground cricket flour.
They asked the sharks for A$170K for 20% of the company. That valued the business at A$850K.
Edible Bug Shop reached a recorded on-air agreement with Janine Allis at A$170K for 50%. This records the accepted terms, not confirmation that funding was completed.
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