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ScaPAP's Eco-Friendly Packaging Pitch on "Die Höhle der Löwen"
German entrepreneurs Jens and René appeared on the popular TV show "Die Höhle der Löwen" (The Lion's Den) to pitch their innovative product, ScaPAP, a sustainable alternative to plastic blister packaging made from paper. They sought €1 million in investment in exchange for 10% of their company. While the judges were impressed by the concept, concerns were raised about the business plan's completeness. One judge commented, "For a million euro investment, the business plan needs to be more robust." Ultimately, the entrepreneurs left the show without securing a deal. ScaPAP's story highlights the challenges and rewards of bringing a sustainable product to market, even when facing setbacks in securing investment.
one month ago
DE
Germany
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startup