News

For her $2.4 million frozen yogurt startup, an American-Nigerian founder wins a $250k deal on “Shark Tank.”

In 2020, Ehime Eigbe launched the award-winning frozen greek yogurt brand Sweetkiwi after her own personal struggle with uterine fibroids, according to a press release shared with AfroTech.

The post Nigerian-American Founder Scores $250K Deal On ‘Shark Tank’ For Her $2.4M Frozen Yogurt Startup appeared first on AfroTech.

“All disease starts in the gut so at Sweetkiwi we continue to work purposefully in our mission to utilize the nutritional power of food to create healthier guts, good health, and wellness,” said Eigbe in the release.

The Nigerian-American founder was told that she would need surgery for her uterine fibroids at age 22. However, instead, she requested a one-year timeline from her doctor to try and find an alternative, holistic solution.

It was then that she began a strict diet, but since she still craved sweet treats, Eigbe got to work in her own kitchen, and the rest is history.

 

After indulging in the delicious desserts that she concocted at home, friends and co-workers encouraged Eigbe to share her healthy dessert alternative with more people who may be experiencing something similar.

“It’s made from real milk sourced from smallholder family-owned farms, and each pint boasts 22 grams of protein, prebiotic fiber, gut-healthy probiotics, and a unique blend of immunity-boosting superfoods, all of which are better together,” said Eigbe and her husband and business partner, Michael Akindele, according to CNBC Make It.

Those details alone seemed enough to draw interest from shark Robert Herjavec.

“I don’t have a lot of investment in this space, but I love this space and I want to learn,” Herjavec said on “Shark Tank.” “There are no two better people that I’m going to put my money into than the two of you.”

He put his money where his mouth is and Sweetkiwi managed to ink a deal on the “Shark Tank” episode, landing $250,000 for a 16% stake in the company thanks to Herjavec.

According to CNBC Make It, Eigbe’s company, which has now launched in the U.S., is worth an estimated $2.4 million.

The delicious dessert can be found online via the company’s website and in select Whole Foods Markets, Krogers, Ralphs, and more.

Related Posts

Busta Rhymes Now Has Two Sons Who Are Members of Kappa Alpha Psi

Busta Rhymes, the legendary rapper and hip-hop artist, now has two sons who have become members of Kappa Alpha Psi Fraternity, Inc. Trillian Wood-Smith and T’Ziah Wood-Smith have…

The Inspirational Life Story of 10,000 Yard Rusher Warrick Dunn

Warrick De’Mon Dunn (𝐛𝐨𝐫𝐧 January 5, 1975) is an American former professional football player who was a running back for 12 seasons in the National Football League (NFL). One of the most electrifying players in…

Lula Mae Hardaway, Matriarch and Composer 𝐛𝐨𝐫𝐧 – African

Lula Mae Hardaway was 𝐛𝐨𝐫𝐧 on this date in 1930. She was a Black songwriter and the mother of musician Stevie Wonder. Lula Mae Hardaway was 𝐛𝐨𝐫𝐧 in Eufaula,…

Kareem Abdul-Jabbar reflected on decades of friendship with ‘personal hero’ Bill Russell

When you hear the name Kareem Abdul-Jabbar, you probably imagine one of the greatest big men of all time swishing sky hooks and winning NBA championships. The Lakers legend,…

The Harlem Hellfighters: The most storied Black combat unit of World War I

On the Western Front of World War I, death did not discriminate. Artillery screaming towards the trenches treated men of all color the same. But the soldiers of…

Dems Resort to Scare Tactics as Trump Maintains Dominance, Featuring James Woods and Steve Hilton

In a recent episode of “The Megyn Kelly Show,” the discussion focused on the Democratic Party’s use of scare tactics as a closing message in the lead-up to…

Leave a Reply

Your email address will not be published. Required fields are marked *