ToyBox

toyboxJen Chin and Ben Baltes want a Shark to put a bid in play when they pitch ToyBox in Shark Tank episode 1015. ToyBox is the latest 3D printer made just for kids. With technology changing rapidly and the advent of STEM toys, Baltes felt it was about time there was a 3D printer for kids.

They got the business going with a successful IndieGoGo Campaign that raised $155,605 back in September, 2107. Now, the company ships its “starter bundle” for $299. Spools of “printer food” cost ten bucks each and come in a variety of colors. The printer food is what makes the the toys that get printed. It's made from non-toxic, biodegradable, PLA plastic made with corn oil. The printer itself is all metal and designed for kids' safety. Unlike industrial 3D printers, it's fully enclosed.

Everything you need to run the ToyBox printer is done online or through a smart phone app. You can make toys from their extensive online catalog which includes everything from cars to chess pieces to action figures. Kids can even make a “block buddy” in their own likeness. As if that's not enough, you can even design your own toy or import one from a picture.

They claim the ToyBox 3D printer works relatively fast so kids won't get bored. Toys in the catalog have a “time to print” rating. ToyBox is out a year before toy giant Mattel plans on introducing their own 3D toy printer, so they have an advantage – for now. They likely need a Shark to help them brand themselves and scale up quickly. Will a Shark want to play with these toys?

ToyBox Company Information

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Posts about ToyBox on Shark Tank Blog

Toy Box Labs – Print Your Own Toys

ToyBox Shark Tank Recap

Ben and Jen will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Daymond John and guest Shark Jamie Siminoff. that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on ToyBox will be available on Shark Tank Blog once this episode airs.

ToyBox Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on ToyBox & Jen Chin and Ben Baltes as more details become available.

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