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Zeronext productDeal made in the Den

Dragons' Den Canada Season 9 · Episode 19

Zeronext

artistic wall wine cellar

The ask$500,000for 20% of the business
Implied valuation$2.5Mask / equity
On-air resultDeal agreed
Founders: Mathieu Desjardins, Claude Pinet

On the record

The deal, on the record

Zeronext pitched for $500,000 in return for 20% equity.

Season
9, ep 19
On-air outcome
Struck a deal
Deal terms
Ask was $500,000 for 20 per cent. Accepted $1,000,000 for 40 per cent plus board representation. Negotiations later put on hold after co-founder Claude Pinet died in June 2014.
Investing Dragons
Michael Wekerle, Jim Treliving
Category
Drinks and Spirits

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