Chefee Robotics on Shark Tank

Chefee Robotics makes a countertop robotic cooking system designed to prepare meals automatically. It is aimed at busy households that want freshly cooked, home-style food with much less hands-on time spent chopping, stirring and monitoring.

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⏱ Chefee Robotics in 30 seconds

The ask$500K for 4%Valued at $12.5M
In the tankDeal: $500K for 15%With Kevin
After the showNot confirmedNo public record either way
TodayStill in business

Chefee Robotics Shark Tank deal

Asked for: $500,000 for 4%
Asking valuation: $12.5M
Result: Deal
Final deal: $500,000 for 15%
Deal valuation: $3.33M
Shark: Kevin O'Leary
Founders: Assaf Pashut
From: San Francisco, CA
Aired: Mar 8, 2024

Asked

$12.5M

Got

$3.33M

Would you have invested in Chefee Robotics?

The pitch

Assaf Pashut from San Francisco, CA pitched Chefee Robotics in Shark Tank Season 15, Episode 17 (aired Mar 8, 2024). They asked for $500,000 in exchange for 4% equity, valuing the business at $12.5M. The entrepreneurs walked away with a deal from Kevin O'Leary: $500,000 for 15%. That put the final valuation at $3.33M, 73% below what they originally asked for.