Subo
DealNon-squeeze food bottle
Pitched by Julie-Anne & Glen Mayer
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The Shark Tank Australia pitch
- A$120K
- Asked for
- 12%
- Offered equity
- A$1M
- Sought valuation
- A$120K
- Deal amount
- 12%
- Deal equity
- A$1M
- Deal valuation
Julie-Anne & Glen Mayer brought Subo into the Shark Tank Australia in season 4, episode 5, pitching non-squeeze food bottle.
They asked the sharks for A$120K for 12% of the company. That valued the business at A$1M.
Subo reached a recorded on-air agreement with Steve Baxter at A$120K for 12%. This records the accepted terms, not confirmation that funding was completed.
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