LARQ Shark Tank Update | What Happened to Larq After the LARQ Shark Tank Pitch?

What is LARQ?

LARQ is a self-cleaning stainless steel water bottle that employs UV-C LED technology to clean water and clean the base of the bottle by eliminating odour-causing bacteria, viruses, and mold. It ia a cutting-edge bottle that can clean itself and purify the water within it.

When set to its maximum level, it employs environmentally friendly UV-C technology to clean up to 99.9999 percent of germs and 99.9999 percent of viruses.

When set to its maximum level, it employs environmentally friendly UV-C technology to clean up to 99.9999 percent of germs and 99.9999 percent of viruses.

The LED light is located at the bottle’s cap’s base. Justin Wang is the CEO and co-founder of the hydration brand LARQ.

His product, LARQ Bottle, promises pure water beyond filtration, thanks to its award-winning design with effective UV-C LED technology for on-the-go water purification.

With its proprietary and patented PureVis™ UV-C LED technology, the bottle uses 280 nanometre UV light to eradicate germs, triggering a photochemical reaction that destroys their DNA.”

Who Founded LARQ?

Justin Wang, who is a former venture capitalist turned entrepreneur with a passion for design, serves as the CEO and co-founder of LARQ. Before starting LARQ, he had experience working at different technology startups and non-profit organizations.

What Happened to Larq at the LARQ Shark Tank Pitch?

In 2017, Justin Wang launched a successful Kickstarter campaign that raised over a million dollars for his company, LARQ.

The product was well-received by both consumers and critics, and quickly gained popularity and increased sales. LARQ was even recognized as one of the “Top 10 Smartest Sustainable Products of 2018” by Time Magazine.

The company returned to Kickstarter in 2020 to fund their next product, the “world’s first self-cleaning bottle”, and also ran successful IndieGoGo campaigns.

In 2020, they announced a $10 million Series A funding round led by Seventure and featuring participation from DCM.

In 2021, Wang appeared on Shark Tank seeking a $500,000 investment for a 1% stake in the company, which he valued at $50 million.

He presented impressive sales figures and the sharks were impressed with the company’s financial health.

Several offers were made, but ultimately Wang decided to accept $1,000,000 from Kevin O’Leary and Lori Greiner each for a 4% stake, with no advisory shares included.

What Happened to Larq After the LARQ Shark Tank Pitch?

After multiple offers from the Sharks, Justin ultimately accepted a deal with Kevin O’Leary and Lori Greiner for $1 million in exchange for a 4% stake in the company.

Following the airing of the episode on Shark Tank, the company reportedly raised an additional $10 million. In December 2020, Larq joined forces with Daymond Green, a three-time NBA champion.

The company’s self-cleaning water bottle is still available and they expanded the product line.

Customers can purchase their products through the company’s website, various e-commerce platforms, and from wholesalers around the world. The co-founder and CEO of Larq, Justin Wang, is still leading the company.

Competitors of LARQ

According to the official website of LARQ, there are several competitors for the LARQ Bottle.

These include the Roxane, a portable UV light that can remove up to 90% of germs, including salmonella, E. coli, and listeria, but is not effective on cloudy water and costs around $159.

Another competitor is the Aquion water purification system, which is a portable water disinfection solution in the form of a bottle with integrated ceramic electrodes.

It is eco-friendly, safe, powerful, and affordable, but it can only purify clear water and costs around $65.

Another product is the Cheers Healthy Water carbon filter, made in the USA, which can remove chlorine, odors, and taste, as well as pollutants such as lead, copper, and mercury, but it does not make non-potable water potable and costs around $58 per unit.

The L10 is also a portable water purifier that can produce up to 1000 gallons of clean drinking water and is able to filter out viruses, bacteria and toxins, but it is not effective on cloudy or contaminated water and costs around $65 per unit.

Net worth of LARQ:

The net worth of LARQ is $50 million. At Shark tank, with Lori and Kevin offering &1,000,000 for 4% ownership, LARQ was valued at $25 million.

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FAQS of LARQ

What is LARQ?

LARQ is an innovative water bottle that cleans itself using UV light.

How is LARQ different from other UV Water Bottle?

Other UV Water Bottle work by placing water in a sealed container in the sunlight for a long time, which is harmful to the environment.

LARQ on the other hand, uses 280 nanometer ultraviolet light to destroy germs, viruses and bacteria without exposing the water to sunlight.

Who owns LARQ Company?

LARQ Company is a LA based company, which is the creator of LARQ Bottle. It is co-owned by Justin Wang

Who is the CEO of LARQ?

Justin Wang, who co-founded LARQ Bottle, is the CEO of LARQ Company as well as the designer.

Who is the LAQR Founder?

Justin Wang is founded of LARQ. Justin is a former venture capitalist turned entrepreneur with a passion for design. Prior to founding LARQ, Justin worked at various tech startup and non-profits.

Did Larq Get a Deal on Shark Tank?

YES. LARQ got a deal with Kevin and Lori.

What are LARQ Bottle’s sales?

LARQ’s sales have been growing steadily over the last two years.

Justin Wang told Business Insider that the company has sold approximately 35,000 bottles in less than a year. It is projected that by 2022, LARQ is projected to sell 100,000 bottles.

Is LARQ still in Business?

Yes, LARQ is still in business. The company has been growing steadily over the last two years. By 2022, it is projected that LARQ will have sold 100,000 bottles.

Why are Lard bottles expensive?

Because LARQ bottles are made from a special composite, they are expensive.

To make a Larq bottle, it takes a specialized composite to make a LARQ bottle.

Justin Wang told Entrepreneur Magazine that LARQ is sold at a premium price because the company wants to sell only the most premium water bottles on the market.

Who Invented LARQ?

LARQ was invented by Justin Wang.

What happened to LARQ after Shark Tank?

Since appearing on Shark Tank, LARQ sales have been growing steadily over the last two years. Justin Wang told Business Insider that the company has sold approximately 35,000 bottles in less than a year.

It is projected that by 2022, LARQ is projected to sell 100,000 bottles.

How much is LARQ worth now:

The net worth of LARQ is $50 million.

How much money did LARQ make on Shark Tank?

LARQ made $1 million for 4% ownership for the company from Kevin and Lori.

Is LARQ water bottle legit?

YES. Our team has extensively researched LARQ and found that it is a legit product. The company has been featured in Entrepreneur Magazine, Business Insider, ABC, ABC7News, FOX2Now, CBS SF Bay Area.

Does LARQ bottle work?

LARQ is very effective in eliminating 99.9% of germs from water in just 15 minutes. It also can remove chlorine from tap water. In addition to finding effective against harmful bacteria and viruses such as E.

How many LARQ bottles have been sold?

As of June 2019, LARQ has sold 35,000 bottles.

Is LARQ made of eco-friendly materials?

LARQ is made from a special composite. The company claims that the bottle is functional and safe for human consumption. It also does not contain BPA or lead.

Who is LARQ’s target market?

LARQ bottles are specifically designed for camping and traveling purposes. They are also very popular at the beach.

What is LARQ made of?

The outer shell of LARQ is made of Borosilicate glass. They are very high-quality water bottle that not only looks great but also works incredibly well.

What episode is LARQ Shark Tank?

LARQ Shark Tank is Season 12 Episode 21

Can you put ice in a LARQ bottle?

YES. LARQ bottle is designed to withstand extreme temperature from -40 degrees to 140 degrees. So, you can use it in the summer or winter without worrying about breaking the bottle.

How is LARQ doing after shark tank?

In 2018, the company sold approximately 35,000 bottles to over 70,000 customers. Currently, LARQ is busy developing its new product lines.

Is it possible to purchase LARQ items in Canada?

LARQ is, in fact, accessible in Canada. Customers may buy LARQ items online through Amazon or other e-commerce sites.

What is LARQ?

LARQ is a portable water purifier that uses state-of-the-art UV LED technology to purify your water, no matter where you are.

Where is LARQ made?

LARQ is made in America.

Is LARQ FDA certified?

No. LARQ does not have any certification from Food and Drug Administration (FDA).

Is LARQ Made in China?

Yes, the company’s website indicates that their products are made in China.

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