The Flashback Camera Secures a $330K Investment on Australian ‘Shark Tank’

  • 📰 petapixel
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Two inventors received a 500,000 AUD investment from a businesswoman on Shark Tank for their digital camera inspired by disposable film cams.

, a “non-disposable digital disposable camera,” pitched its affordable camera to the business gurus on the Australian version ofSince launching in May 2023 on Kickstarter, where Flashback earned $800,000 in backing, the company has since earned about $3 million in total revenue as of this month. The company projects an additional $15 million in revenue over the next 12 months, a forecast driven primarily by holiday gift ambitions.panelist and founder of Oodie, David Fogarty.

“I am very excited to be working with Maxine. Especially her history with the University of Queensland who we have worked with in the past, she just seems like the perfect person for us to work with,” explains Mullen. Salisbury adds, “I think that if I was working with anyone else, I don’t think we would have made it this far.”In the 18 months since debuting the ONE35, Mullen and Salisbury have experienced a whirlwind of success. The camera has clearly struck a chord with people, especially those who have nostalgia for the era of disposable cameras.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 527. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines