BRCE (pronounced “brace”) makes shoelaces that stay tied during sports but are easy to untie when needed. Founded by Michigan State University seniors and former athletes Madhav Aggarwal and Tanvi Gadamsetti.
What Is BRCE?
BRCE is an advanced material-tech startup that created shoelaces designed to stay tied during physical activity. The laces use proprietary materials that resist loosening during sports but remain easy to untie manually.
The Shark Tank Pitch
Madhav Aggarwal and Tanvi Gadamsetti sought $300,000 for 10% equity.
The Deal
Daniel Lubetzky and Fawn Weaver invested $300,000 for 20% equity.