Crafty Ramen

japanese ramen subscription meal kits

The ask$600,000for 6.5% of the business

Implied valuation$9.2Mask / equity

On-air resultDeal agreed

Founders: Miki Farrel, Khalil Khamis, Jared Farrel

On the record

The deal, on the record

Crafty Ramen asked for $600,000 in exchange for 6.5% of the business.

Season: 17, ep 7
On-air outcome: Struck a deal
Deal terms: $600,000 as a convertible note at 12% interest, convertible at a 20% discount to the current price, which the Dragon said would be about 12% of the company
Investing Dragon: Arlene Dickinson
Category: Food and Drink

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