Particle.news

Download on the App Store

Kniti Drops TV Deal From Die Höhle der Löwen, Pivots to B2B in Push for September Raise

The founders cite a post‑show strategy mismatch, with B2B incontinence pilots underway alongside a larger funding round targeting a September close.

Overview

  • After the episode aired, the on‑air agreement with investor Judith Williams was not pursued following further talks that revealed misaligned strategies.
  • The company says it is raising a larger round expected to close later this month and has begun pilot projects in the incontinence market with business customers.
  • During the pitch, the founders sought €400,000 for 10 percent, prompting sharp objections from several investors over valuation and return timelines.
  • Williams’ televised offer was €400,000 for 15 percent plus a royalty mechanism to recoup half her investment, with an additional 15 percent tied to milestones.
  • Kniti’s hybrid diaper uses a reusable outer shell, a high‑absorbency Kniticore insert, and a disposable “Poo‑Paper” liner, with the founders claiming significant waste reduction, cost savings, and patent protection nearing completion.