Update: Kymera returned to Shark Tank for a second pitch in Season 10.
What happens when you combine a jet ski with a boogie board? You get Kymera, the world’s first electric body board. These sleek machines measure 81 x 32 x 12” and weigh just 48 pounds, so they are easy to transport to your favorite body of water. Jet skis on the other hand can weigh 1500 pounds and cost thousands of dollars, plus you’ll need a trailer and gasoline to get it out to the water. Kymera can zip along at 20 mph, which feels exceedingly fast when you’re that close to the surface of the water, and the on-board battery can keep the Kymera going for about 2 hours of fun in the sun. This innovative watercraft won Popular Science’s Invention of the Year in 2011, and was also featured on The Discovery Channel and The Daily Planet.
Kymera went into the Shark Tank seeking $250k for 20% equity. The sharks weren’t ready to invest at such a high evaluation with no sales history at the time of the pitch.