Two architecture students from Chicago, Andrea Sreshta and Anna Stork, are the inventors of LuminAID, a solar-powered inflatable light originally designed for natural disasters. The fully-charged light which can provide up to 16 hours of LED light can also be used for recreational purposes like camping. Sreshta and Stork pitched their business on Shark Tank in 2015. When billionaire Mark Cuban offered them $200,000 in exchange for 15 percent equity, they accepted.
Since Shark Tank, LuminAID has launched a number of new patented solar lights including LuminAID PackLite Nova (4 oz. collapsible lantern goes from 5” cube to 0.6” thick when compressed above); LuminAID PackLite Spectra (color-changing lantern has 9 light modes; above); and LuminAID PackLite Max which is four-times the size of the original PackLite and more powerful (and lasts up to 50 hours per charge). See video below. [Related: 27 Favorite ‘Shark Tank’ Products at Amazon — New List]