![]() ![]() “I want to be a Frank,” Herjavec said, proposing to invest $150,000 for a third of the company. Pitching for $100,000 in investment for a 20% stake in the business, the pair received a counter-offer from Herjavec, who said the innovation could find a customer base not just in Australia, but in bushfire-prone regions like California. The system, which connects to a water tank or mains water supply, floods rooftop guttering systems.Įnsuring debris caught in home gutters is saturated during a bushfire can reduce the chance of rogue embers setting those dry leaves alight, the pair said. The Shark Tank heated up with the appearance of Frank Inzitari and Frank Capomolla, two cousins who said their Fire Halo innovation can protect homes from severe damage during bushfires. ![]() Fire Halo secures funding for home safety device “Yes, there were some challenging questions, but they were also really supportive of our business,” Battersby said.ĭue diligence remains underway on the deal, which has not deviated from its $375,000 overall investment, the pair added.Īdvice from the Sharks has already led to business improvements, they said, with the first major post-investment goal being the expansion of its product line. “So, for them to all see so much potential as a product and love the brand… it was just a really amazing feeling.” “But then there’s always that doubt in the back of your mind, like ‘Oh, God, are they just gonna absolutely hate it, are we delusional?’ The company has come a long way from its foundation with a 3D printed prototype, as Contour Cube products are already stocked in retailers like Priceline and Chemist Warehouse New Zealand.Ī Kardashian shout-out has certainly helped, too, with Contour Cube claiming model, influencer, and reality TV star Kendall Jenner as an early adopter and advocate on social media. Sarah Forrai and Lewis Battersby, partners and co-founders of Contour Cube, were the first to dive into the tank on Tuesday night’s episode.įounded during the COVID-19 lockdowns of 2020, Contour Cube offers specialised silicon moulds for ice blocks.īut unlike the traditional ice cube trays found in freezers across the country, Contour Cubes products turn regular tap water into graspable ice blocks, used as a cooling, relaxing facial treatment. Freeze it for facial treatments, or flood gutters to battle bushfires: the third episode of Shark Tank Australia, Season Five showed how local innovators are harnessing water for modern purposes, with two separate companies securing major deals for their savvy use of H₂O. ![]()
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