Mug lovers rejoice! There is now a mug that will never spill, no matter how active you are. The Floating Mug by Tigere Chiriga is a great solution for those who are constantly on the go and need to take their coffee with them. The mug is designed with a special handle that also serves as a saucer. It’s been a little over a years since inventor Tigere Chiriga wowed the internet with his amazing floating mug. The self-stabilizing mug seemed like something straight out of a science fiction movie and quickly went viral when it came out. But what happened to the floating mug?
Well, unfortunately when Tigere couldn’t get a deal done on Shark Tank the company went out of business.
But – thankfully – other companies have created their own version of the mug (so if you’re looking for a unique gift idea for the coffee lover in your life, you can still find it!).
In this article, we’ll cover what the mug is and it’s history before showing you different versions of the mug that are available. (So see them, you can click here.)
Please note that some of the links below may be affiliate links and if you make a purchase through them, we may earn a small commission as a result.
Article Sections
What is a Floating Mug?
A floating mug is a two-in-one coffee mug and coaster that helps reduce the chances of rings or smudge stacking onto furniture. Made from porcelain, floating mugs look like they’re floating in mid-air and are a fun and unique way to enjoy your favorite beverage.
Floating Coffee Mug Overview:
Company Name:
Floating Mug Company
Founder:
Tigere Chiriga
Product:
Two-in-one stylish coffee mug and coaster
Investment Need:
$75,000 For 15% equity in Floating Mug
Final Deal:
No Deal Offer
Shark:
No Shark Offer
Floating Mug Net Worth:
N/A
Business Status:
Out Of Business
Website:
Floatingmug.com
Who is the Floating Mug Company Founder?
The Floating Mug was made by Tigere Chiriga from Zimbabwe. Before creating the Floating Mug, Chiriga worked for the Postal Service, and he still does.
What is Shark Tank?
Shark Tank is a reality TV show that debuted in 2009. The show features a panel of wealthy investors, called “sharks,” who listen to pitches from entrepreneurs and decide whether or not to invest in their business. If the sharks decide to invest, they negotiate with the entrepreneur on how much equity they will receive in return for their investment.
The show has been very successful, and has spawned numerous imitators. It has also helped to make household names out of its stars, like Mark Cuban and Barbara Corcoran.
The Floating Mug Shark Tank Tale
Tigere Chiriga makes is a man behind a ground-breaking Floating Mug Company. Another Kickstarter success story that made it into the Tank is The Floating Mug Company, where Chiriga raised nearly $40K on a $15K ask, more than double his expected funds. Soon after moving into their first house in 2008 with his new bride, Chiriga had the idea. He is a frequent tea drinker, and his wife did not find it amusing when he left numerous rings on the couple’s new furnishings. He wanted to find a new type of coffee or tea cup that wouldn’t need a saucer or coaster because he enjoys sipping his tea from porcelain mugs.
When he picked up the banana holder in their kitchen, his “AHA moment” occurred, and a dream was born. He found some prototype mugs in China and bought them for himself, but friends and family started asking where he got them. After a while, he started looking into the idea of producing the floating mug in the United States. His Kickstarter campaign covered the cost of new molds and 500 units (which were given out as rewards for funding the project).
Australia now has access to The Floating Mug Company, and it will be present on the Big Brother Australia set. Chiriga offers the item for sale online, but he wants a Shark to help him “get big” quickly.
The Floating Mug Shark Tank Update
Tiggs made his first and last appearances on Shark Tank with Floating Mug during the course of Season 6, Episode 2 in 2014. The businessman gave the panel Floating mugs with his company’s logo while telling an engrossing story. His first offer was for $75,000 in cash for a 15% ownership part in the Floating Mug.
None of the Sharks chose to take part in the arrangement after extensively questioning Tiggs. Tiggs did not let the rejection of his offer deter him, and six months after making an appearance on Shark Tank, he went to Lori Greiner and asked for her help.
He agreed to Lori’s offer of $75,000 in exchange for a 51% stake in Floating Mug. However, the deal was unsuccessful. In 2017, Tiggs ran yet another Kickstarter campaign, but due to challenges with manufacturing and delivery, the firm failed soon after and is currently inactive as of this writing.
Is Floating Mug Out of Business?
The original porcelain Floating Mug is still available on Amazon if you’re looking for a replacement for coffee ring stains, but the original Floating Mug (with it’s translucent clear construction) is no longer available.
But don’t worry, we’ve sourced some alternative mugs that are sure to wow you.
Available Amazon Double Wall Glass,Decoration, and Floating Mug (Levitating Coffee Mug)
YLOKO Cute Ceramic Cat Coffee Mug with Coaster
Looking for a new and unique coffee mug? Check out the YLOKO Cute Ceramic Cat Coffee Mug with Coaster. This mug is perfect for cat lovers and coffee drinkers alike. The ceramic mug is microwave and dishwasher-safe, making it both practical and adorable. The set includes a matching coaster, so you can enjoy your morning cup of coffee without worry. It is also the perfect gift for any occasion.
CM Neoprene Drink Floating Coaster
Novelty coasters are all the rage these days, and what could be more fun than a floating coaster? The CM Neoprene Drink Floating Coaster is just the thing for your next pool party or outdoor gathering. This coaster is made of neoprene, so it’s durable and will float on water. It’s also machine-washable, so you can use it over and over again. Best of all, it’s available in a variety of colors to match your party theme. So whether you’re planning a pool party or just want to add some fun to your next outdoor gathering, the CM Neoprene Drink Floating Coaster is a perfect choice.
3 Pieces Floating Coffee Cup Sculpture – Home Kitchen Decoration
Coffee cups have become an integral 😃part of daily life for most people. From early mornings and long days at work to late nights at home, coffee cups play an integral role in many people’s daily routine. But what if your cup could do more than simply hold your beverage?
Enter the 3 Pieces Floating Coffee Cup🎉 Sculptrure! This unique sculpture consists of three floating coffee cups that appear to defy gravity and is handcrafted using high-grade Resin with glossy finishes to show your love of coffee! Plus, its conversation starter qualities make this piece the ideal present or personal indulgence! Whether you want a gift for yourself or another coffee enthusiast in your life – or both – then this sculptrure should not go amiiss.
JoyJolt Savor Double Wall Insulated Glasses
JoyJolt Savor Doble Wall Insulated Glases offer the ideal way to enjoy hot or cold beverages of any temperature, keeping your drink at its ideal temperature while the insulated design preven ts condensation forming on its exterior surface. They’re the ideal companions for coffee in the morning and wine after dinner – make the JoyJolt Savor Double Wall Insulated Glasses part of your everyday experience and relish every sip with ease! 🍷🍵❄️
Black Coffee Cork Mug – Anti Spill Coffee Cup Mug
A new coffee 🍵 mug designed to help avoid spills has been developed. The Blck Coffee Cork Mug features a silicone 🧈 band around its top that cretes an airtight seal to stop liquid from escaping even when knocked over, while also being double-walled and insulated to maintain hot coffee for extended use.
The Black Coffee Cork Mug is constructed of high-grade materials and designed for easy cleanup in your dishwaser, making it the ideal companion for those on-the-go looking to enjoy hot beverages without worry of spills. Available in two sizes, 12z and 16oz, its modern design comes in black or white colors for optimal enjoyment without fear of spillage. Perfect for coffee enthusiasts on-the-go who appreciate having hot beverages without spills!
Frequently Asked Questions
Is there mug with built in coaster?
Yes, and an example is this Coaster 🎢 Cup With Clever Built In Coaster For A Dry Desk. Your desk may already be overrun with coffee mugs, water glases and other beverage contaniers that clutter it. This clevr piece can help clear it all away! As most people can attest, we've all experienced the frustation of trying to use a coaster only for it to become wet and no longer be effective. Now there is a solution in the form of Coaster Cup: an innovative mug designed with its own coaster feature! The Coaster Cup is made of high-quality ceramic with a cork bottom to absorb moisture and prevent slipperiness, integrated coasters that cannot be lost, dishwasheer safety for effortless cleanup and its superior design making this cup essential furniture protection! So the next time you reach for something to drink on your desk make sure it comes from one of these Coaster Cups to save your furniture! 🍵
Is selling mugs a profitable business?
Yes, selling mugs can be a profitable business. For example, let's say you sell mugs for $15 each and your cost of goods is $5 per mug. You would need to sell at least four mugs to make a profit of $10. If you sold 10 mugs, your profit would be $50. The more mugs you sell, the more profits you will make. Of course, there are other costs to consider besides the cost of goods. You'll need to factor in the cost of shipping, packaging, and any marketing costs. But if you do your research and find a niche market for your mugs, selling mugs can be a great way to earn some extra money or even start your own business.Yes, selling mugs can be a profitable venture. Let's say your cost of goods per mug is $5; for every four mugs sold that yielded $10 in profits (ten would yield $50), as more are sold more profits are reali zed; shipping, packaging and marketing costs must also be factored in to make selling mugs profitable business venture. With careful market research and finding niche markets for your mugs to target as a seller you could even become successful enough to start your own mug-selling empire! 💰👑
How do I start a mug business?
Starting your own mug business can be an excellent way to become your own boss and make some extra income. But where should you begin? Here are a few steps that will get your venture up and running: Decide your niche: Are you going to sell humorous or insipirational mugs? Find out the type of mugs you want to sell and who your target market is, then identify a supplier who can supply high-quality mugs at competitive prices - compare suppliers before making your choice and setting up your website. Your website is where you'll sell mugs to customers worldwide, so invest in a good website design to ensure easy navigation and use. Incorporate a logo that represents your brand as this will become its face; take pride in it! Promote it. People need to know you're selling online! 💼🌎🌟
How much should I sell mugs for?
Pricing mugs for sale requires careful consid eration, from material costs and time spent making each mug, as well as your desired profit. Other factors to keep in mind when pricing your mugs for sale include their market value; handmade items will likely command higher prices than mass produ ced ones; while expensive materials like gold or silver make for higher priced pieces overall. In the end, pricing your mugs accord ingly is ultimately your decision; just ensure that you make a profit. 💰✨🤑
Can I sell mugs online?
Yes, selling mugs onlie can be succesful. In order to do so, however, three key elemnts need to come together: (1) finding a quality supplier who can deliver high-quality mugs at an attractive price. (2) designing attractive mugs. And finally (3) marketing and promoting your mug business via social media or other channels. 💻📣🎉
