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Able Bionics productDeal made in the Den

Dragons' Den Canada Season 10 · Episode 3

Able Bionics

neuro-rehabilitation facility

The ask$250,000for 15% of the business
Implied valuation$1.7Mask / equity
On-air resultDeal agreed
Founder: Mitchell Charles Brogan

On the record

The deal, on the record

Able Bionics asked for $250,000 in exchange for 15% of the business.

Season
10, ep 3
On-air outcome
Struck a deal
Deal terms
$250,000 total: Wekerle a three-year convertible debenture at the asking price, the other four Dragons $50,000 each
Investing Dragons
Michael Wekerle, Michele Romanow, Joe Mimran, Jim Treliving, Manjit Minhas
Category
Fashion and Beauty

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.