SPATULA Foods

flash-frozen meal business

The ask$250,000for 5% of the business

Implied valuation$5Mask / equity

On-air resultDeal agreed

Founders: Wallace Wong, Ian Weng, Shela Kwong

On the record

The deal, on the record

SPATULA Foods asked for $250,000 in exchange for 5% of the business.

Season: 18, ep 9
On-air outcome: Struck a deal
Deal terms: $500,000 for 10% with Arlene Dickinson alone (she opened at $500K for 12%; entrepreneurs asked her and Michele Romanow to come in together at $500K for 10%, Arlene agreed to the terms but insisted on doing it solo)
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.