March 16, 2020 – Grouphug, a solar company that makes creatively designed solar panels for use by consumers and companies, will be appearing on ABC’s Shark Tank on Friday, March 20. Grouphug launched in April 2019 with “Solar Cat: The Cutest Solar Panel Ever Made,” which is installed at the New York Hall of Science in Corona, Queens. The 140-watt cat-shaped solar panel is mounted on a window and powers a charging station that visitors can use to charge their phones.
“At Grouphug, we’re changing the perception that solar panels are a boring utility,” said Grouphug Founder Krystal Persaud. “Whether you’re an individual looking to charge your personal devices or a school looking for a solar installation that is not just a boring rectangle, we’re making solar panels that make you smile.”
Appearing on Shark Tank gives the company an opportunity to grow and to bring their message about solar energy to a national audience. The Shark Tank episode featuring Grouphug’s Krystal Persaud will air on Friday, March 20 at 8 pm.
Update: Mark Cuban, “shark” investor and owner of the Dallas Mavericks, offered $150,000 for 25 percent of Grouphug. Krystal Persaud accepted the offer. Congratulations Krystal!