Acrylic Robotics

Chloe Ryan and Kyle Suri, from Montreal, asked for $250,000 for 5% of Acrylic Robotics, a company using robotic arms and machine learning to reproduce artists' digitally designed paintings brushstroke by brushstroke, matching pressure, cadence, hue and speed. The company is pre-revenue, planned a collection of ten prints with an artist priced at $4,000 each with an eventual target price of $200 to $300, had received about $300,000 in grant funding through accelerator programs, and was seeking to raise between $1 million and $1.5 million to buy more robotic arms and fund marketing.

Robert Herjavec went out, saying he was not convinced there was a strong business behind the pitch; Manjit Minhas and Wes Hall also went out over business viability and timing. Arlene Dickinson and Michele Romanow each offered $250,000 for 15%, and Vincenzo Guzzo offered $300,000 for 20%, but the founders held firm on a minimum of 6.25% for $250,000; Michele Romanow later lowered her offer to $250,000 for 10%, which the founders also declined, and no deal was made.

Acrylic Robotics is still operating and sells through its website.