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GREINS productDeal made in the Den

Dragons' Den Canada Season 18 · Episode 11

GREINS

eco-friendly retrofit for ice resurfacing machines

The ask$500,000for 25% of the business
Implied valuation$2Mask / equity
On-air resultDeal agreed
Founders: Mike DiDuca, Ron Albert, Sam Ho

On the record

The deal, on the record

GREINS asked for $500,000 in exchange for 25% of the business.

Season
18, ep 11
On-air outcome
Struck a deal
Deal terms
$500,000 for 49%, contingent on the company securing at least five letters of intent (a rival joint offer of $500,000 for 50% from two Dragons was declined)
Category
Green and Clean Tech

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