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A burger vending machine caught the attention of “Shark Tank” investors. RoboBurger is described as the “world’s first burger chef in a vending format,” and it can reportedly prepare a hamburger in less than four minutes, per CNBC. The multi-patented idea was created by Dan Braido, Audley Wilson, and Andy Siegel who presented the idea on “Shark Tank.” “The RoboBurger provides a restaurant quality experience. The RoboChef grills the patty, toast the buns, adds the condiments, and delivers it all piping hot,” Braido said while pitching to “Shark” judges Kevin O’Leary, Lori Greiner, Barbara Corcoran, and Mark Cuban, along with guest judge Fanatics CEO Michael Rubin. Wilson added, “The vending machine brought us beverages more conveniently. The ATM, money on the go. And now RoboBurger brings us hot fresh delicious food anytime anywhere.” View this post on Instagram A post shared by RoboBurger (@roboburger) The founders were seeking a $1.5 million in exchange for 5% stake in the company,...
Reading is one of the fundamental skills required for youth to excel academically. However, there has been a rising number of children who struggle with literacy skills. According to The Nation’s Report Card, only 33% of fourth-grade students could read at or above the basic reading level as of 2022. To be a part of keeping students motivated to read, Beanstack, formerly known as Zoobean, stepped in. Founded by husband-and-wife team Felix Brandon Lloyd and Jordan Lloyd Bookey, the edtech startup was created to not only support children’s reading growth but also grow their overall love for reading. The drive to launch the company stems from the founders’ background in education. In addition to Bookey serving as Google’s head of K-12 education outreach, Lloyd had worked in the public school system. He started out as dean of students at the SEED Public Charter School, where he was named Washington, D.C.’s “Teacher of the Year.” Then, in 2007, Lloyd was selected for Echoing Green’s...
Richualist Founder Dawn Myers has scored an investment from “Sharks” Mark Cuban and Emma Grede. On Friday April 5, the founder was featured on ABC’s “Shark Tank.” The purpose of the show is to offer opportunities to entrepreneurs who are looking to start or scale their business by securing funding from its lineup of venture capitalists, its website mentions. The episode starring Myers featured “Sharks” Cuban and Grede, along with Lori Greiner, Kevin O’Leary, and Robert Herjavec. Photo Credit: Christopher Willard Myers was seeking a $150,000 investment in exchange for 10% stake in her company. As AFROTECH™ previously told you, Myers launched The Mint, a hair tool that includes six attachments to detangle and style all hair types, with a special focus on curly to coily types, classified as 3A to 4C. Its technology warms liquid hair products between 130 degrees Fahrenheit and 140 degrees Fahrenheit for deeper penetration into the scalp. Myers said on the show she is currently in talks...
In 2020, Yve-Car Momperousse and Stéphane Jean-Baptiste represented Haiti on national television. The wedded couple and co-founders of Kreyol Essence made an appearance on season 11 of “Shark Tank,” according to The List. The eco-friendly beauty brand sells products made with pure Haitian Black Castor oil that promotes hair growth, healthy skin, and more.
A Black-owned business has gone from securing what was initially a promising deal to facing a “nightmare.”
