It’s episode eight of Shark Tank Australia 2023 and Dr Catriona Wallace attempts to lure Jane Lu back into a deal after she’s already tapped out.
Here’s what happened during the episode.
Pitch #1 – Sundust
The Product
Stephanie Bream from Perth presented an innovative sunscreen – with glitter. Sundust is eco-friendly and she pointed out that once that the glitter wears off, it reminds you to reapply.
The Investment Wish
Stephanie was seeking $100,000 for 20% equity.
Offer Accepted
Robert Herjavec invested $100,000 in exchange for 75% of the North American market.
Pitch #2 – Suitor
The Product
Suitor was pitched by Sydney best friends Daniel and Luke and is Australia’s first and only online suit hire company.
The Investment Wish
Daniel and Luke were seeking $250,000 for 10% equity.
Offer Accepted
Davie Fogarty invested $250,000 for 15%.
Pitch #3 – Sock Drawer Heroes
The Product
Bec and Erin pitched Sock Drawer Heroes which provides affordable gender affirming products and resources to the trans and gender diverse community.
The Investment Wish
Bec and Erin were seeking $120,000 for 7.5% equity.
Offer Accepted
Catriona Wallace and Jane Lu teamed up and invested $120,000 for 16%.
Pitches without offers
- Brandscent
Love Shark Tank Australia and want to know where to find the products shown? Click here.
Shark Tank continues on Tuesdays and Wednesdays at 7.30 pm on 10 and 10Play.
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