
Flexsil-Lid
No DealReusable, watertight lids for bain marie pans
Pitched by Albert David & Robin Fester
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The Shark Tank Australia pitch
- A$300K
- Asked for
- 10%
- Offered equity
- A$3M
- Sought valuation
Albert David & Robin Fester brought Flexsil-Lid into the Shark Tank Australia in season 1, episode 13, pitching reusable, watertight lids for bain marie pans.
They asked the sharks for A$300K for 10% of the company. That valued the business at A$3M.
Flexsil-Lid left without an accepted on-air deal. The no-deal record does not tell us whether offers were made.
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