Join our Waitlist for Expert Advice!

This Luxe Kitchen Knife Just Raised $1 Million on Kickstarter With only hours to go, the Misen blade is cutting its way to crowdfunding success.

By Kim Lachance Shandrow

Opinions expressed by Entrepreneur contributors are their own.

Misen: Cook Sharp | KickStarter

Misen is looking sharp on Kickstarter. With only hours to go, the Brooklyn kitchenware startup has clinched a $1 million haul on the crowdfunding platform in its quest to market a premium-quality chef's knife at a line cook's price.

The cutting-edge blade (pardon the pun) made a splash fast, blasting past its $25,000 funding goal in its first hour on Kickstarter. The rest is gravy. Moments ago, its Kickstarter kitty topped the million mark and it's still chugging.

Related: Indiegogo Makes a Push to Court Nonprofits

The brains behind the 8.2-inch Misen knife are entrepreneurs Josh Moses, formerly of Tiny Kitchen Brands, Omar Rada, formerly of FreshDirect, and Peter Müller, an industrial designer from Chicago. The trio was inspired to design the knife due to "frustration with existing products," but that wasn't the only motivation.

"We got interested in knives for a few reasons: An 8-inch knife is the single tool you'll use for literally everything, Moses told the Village Voice. "And it's healthier, fresher and more affordable to do your own cooking. It's the idea we want to promote for our brand."

Related: Kickstarter CEO: Why We're a Benefits Corporation, Not a Nonprofit

The slicer and dicer, 18 months in the making, is a blend of classic German and Japanese knife designs. Embodying elements from both enables the high-carbon steel implement to handle both "chopping through bones and stuff" and "fine slicing," Moses says.

Billed as an "amazing knife at an honest price," the Misen has a retail value of $65, though it was offered for only $45 on Kickstarter. Remaining pledge options range from $55 to $600, depending on the level of perks thrown in.

Incidentally, the men of Misen recently backed a Kickstarter campaign for a laser-based razor called Skarp. The device had garnered more than $4 million on the crowdfunding platform when Kickstarter suddenly pulled the plug on it for allegedly breaking its rules.

No such fate is in store for the Misen. The blade's creators have a working prototype ready to roll, along with partnerships with factories, craftspeople and raw material suppliers throughout the globe, they say. And now they have the cash to fund the first production run of their sharp idea.

Related: 6 Trends That Are Shaping the Future of Crowdfunding

Kim Lachance Shandrow

Former West Coast Editor

Kim Lachance Shandrow is the former West Coast editor at Entrepreneur.com. Previously, she was a commerce columnist at Los Angeles CityBeat, a news producer at MSNBC and KNBC in Los Angeles and a frequent contributor to the Los Angeles Times. She has also written for Government Technology magazine, LA Yoga magazine, the Lowell Sun newspaper, HealthCentral.com, PsychCentral.com and the former U.S. Surgeon General, Dr. C. Everett Coop. Follow her on Twitter at @Lashandrow. You can also follow her on Facebook here

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

You Have One Month Left to Buy a House, According to Barbara Corcoran. Here's Why.

"If you are planning on waiting a year and seeing where interest rates go, you are out of your mind," Corcoran said.

Side Hustle

I Made $14,000 in 1 Week With a Spontaneous Halloween Costume Side Hustle — Here's How

Sabba Keynejad was in art school when he started to refine his entrepreneurial skills.

Business News

This New Restaurant Is Banking on One Dish — Because It's the Only Entrée on the Menu

The new hotspot is gaining buzz on social media for its innovative yet super simple concept.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Leadership

4 Bold Leadership Moves Every Successful CEO Uses to Navigate Change

Ready to turn fear into fuel and lead with confidence? In this article, I share how leaving my corporate job without a plan led me to build a thriving business. Learn four bold strategies to embrace uncertainty and turn challenges into opportunities for growth today.