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5 paź 2022 · Life after “Shark Tank” has been bumpier than expected for Philip Petracca and David McDonald, whose invention, Fizzics, bagged a $2 million investment.
Key Takeaways: Fizzics appeared on “Shark Tank” and received a $2 million investment from Mark Cuban and Lori Greiner. The company developed a smaller and more affordable version of their beer dispenser called WayTap. Fizzics has expanded its distribution channels and partnered with craft breweries.
Developer of a portable draft beer dispensing device that improves the flavor and taste of ordinary canned, bottled and growler beer. The company's device is engineered using patent-pending fluid and sound technology to enhance the flavor and taste of beer, enabling users to store and serve freshly bottled beer by preserving its flavor.
26 wrz 2024 · Therefore, as of 2024, Fizzics is thriving with a valuation of up to $30 million and $4 million in annual sales. This article explores Fizzics’ journey, highlighting its recovery and continued growth in the beer tech market.
9 paź 2024 · Philip and David entered Shark Tank Season 8, seeking $500,000 for 4% equity in Fizzics Home Beer Dispenser. After several negotiations, they made a deal with Mark Cuban and Lori Greiner for $2,000,000 for 16.67% equity.
23 sie 2023 · That's what happened with Fizzics, a company selling a machine that can turn any beer into a nitro-style tap beer that was already boasting impressive sales — $3.2 million in just eight months.
15 paź 2024 · Philip Petracca and David McDonald entered the Tank seeking $500,000 for 4% of their company. They showed off their Fizzics device, which uses sound waves to enhance the flavor and aroma of beer. The Sharks were intrigued. They tried beer samples and liked the results.