$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Vince Mihalachi from Ajax, ON, pitched LoMi Enterprise in Season 13, Episode 16, asking the Dragons for $50K for 15% of the company.
- Asked for$50K for 15%
- Valuation$333Kimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Manjit Mangat | No plan for how the money would be used effectively | Out |
| Arlene Dickinson | Investing too early given lack of a compelling case | Out |
| Vincenzo Guzzo | Unsure how to help sell the product | Out |
| Michele Romanow | Didn't see enough hustle | Out |
| Jim Treliving | Offered to try the product but not invest today | Out |
Vince Mihalachi of Ajax, ON pitched LoMi Enterprise, asking for $50,000 for 15%. LoMi is a silicone dioxide mat that acts as a heat-resistant shield to protect stovetops from burned-on food and scratches, withstanding up to 1,800 Fahrenheit and being dishwasher safe. The product sells for $30 and costs $7 to make, with about 500 units sold to date generating roughly $15,000 in revenue; Vince also owns a construction company and a signage company.
Pitch details from CBC’s Dragons’ Den pitch page.
LoMi Enterprise today
- StatusIn businessLast checked September 2026
LoMi Enterprise is still operating and sells through its website.