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PipeSnug secures investment on Dragons’ Den

PipeSnug founders Chris Burdett and Alex Lever have taken BBC One’s Dragons’ Den by storm, pitching PipeSnug and FlueSnug to the famous panel of successful entrepreneurs.

Mr Burdett and Mr Leve braved the Den to face Touker Suleyman, Sara Davies, Deborah Meaden, Peter Jones and Steven Bartlett in a bid to secure investment for their products and an expansion of their business, timing it to perfection as pipe seals become mandated as part of the Building Regulations from June 2022.

“We wanted to go on Dragons’ Den to help secure investment to develop new versions of the product to satisfy the increased demand in the coming months and years as PipeSnugs become the norm on site,” explained Mr Leve.

Following a nerve-wracking but exciting pitch and negotiation, including intense questioning from all of the entrepreneurs, Mr Burdett and Mr Leve secured a joint investment from Dragons’ Deborah Meaden and Peter Jones, who immediately saw the opportunity PipeSnug and FlueSnug presented.

“We prepared our pitch carefully and rehearsed a lot, but nothing can prepare you for the experience of Dragons’ Den,” said Mr Burdett. “We are delighted Deborah and Peter saw the opportunity and chose to work with us.”

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