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Nuba productDeal made in the Den

Dragons' Den Canada Season 16 · Episode 10

Nuba

hibiscus tea

The ask$75,000for 15% of the business
Implied valuation$500Kask / equity
On-air resultDeal agreed
Founders: Gina El Kattan, Amal Solomon

On the record

The deal, on the record

Nuba pitched for $75,000 in return for 15% equity.

Season
16, ep 10
On-air outcome
Struck a deal
Deal terms
$75,000 for 20% from Arlene Dickinson and Wes Hall (accepted over Vincenzo Guzzo's $150,000 for 30%).
Investing Dragons
Arlene Dickinson, Wes Hall
Category
Food and Drink

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