iCapsulate
DealA coffee company specialising in capsules, pods and roasted beans
Pitched by Kane Bodiam
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From the show
The Shark Tank Australia pitch
- A$2.5M
- Asked for
- 15%
- Offered equity
- A$16.6M
- Sought valuation
- Not recorded
- Deal amount
- Not recorded
- Deal equity
- —
- Deal valuation
Kane Bodiam brought iCapsulate into the Shark Tank Australia in season 3, episode 3, pitching a coffee company specialising in capsules, pods and roasted beans.
They asked the sharks for A$2.5M for 15% of the company. That valued the business at A$16.6M.
iCapsulate reached a recorded on-air agreement with Andrew Banks, Naomi Simson and Glen Richards; the deal amount is not recorded; the equity stake is not recorded. This records the accepted terms, not confirmation that funding was completed.
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