$1Mfor 10%
Protein Candy
Valued at $10M
The pitch
Aki Kaltenbach from Victoria, BC, pitched Save da Sea in Season 18, Episode 6, asking the Dragons for $200K for 10% of the company.
- Asked for$200K for 10%
- Valuation$2Mimplied by the ask
- OutcomeNo deal
Offers in the Den
| Dragon | Offer | Result |
|---|---|---|
| Wes Hall | Out - deferred to other Dragons to potentially make an offer | Out |
| Manjit Minhas | Out - sees a tough path to profitability | Out |
| Vincenzo Guzzo | Out - valuation and forecast concerns | Out |
| Michele Romanow | Out - pricing too high relative to food service opportunity, wants costs lowered first | Out |
| Arlene Dickinson | Out - too early, wants to see a full year of proven volume | Out |
Aki Kaltenbach, from Victoria, British Columbia, asked for $200,000 for 10% of Save da Sea, a maker of plant-based seafood products made from whole foods, including two carrot-based smoked salmon products and a jackfruit-based tuna salad, sold in about 500 grocery and specialty stores across Canada. Each unit costs $3 to make and retails for $9.99; last year's sales were $260,000 with a $300,000 loss, and the company is on track for $850,000 in revenue this year with a monthly burn of $30,000 after moving production in-house to a new Victoria facility; food service currently makes up 5% of revenue.
Wes Hall deferred to the other Dragons to make an offer. Manjit Minhas, Vincenzo Guzzo, Michele Romanow and Arlene Dickinson all went out, citing concerns about profitability, valuation, high pricing relative to food service opportunity, and the business being too early. No deal was made.
Pitch details from CBC’s Dragons’ Den pitch page.
Save da Sea today
- StatusIn businessLast checked September 2026
Save da Sea is still operating and sells through its website.