Organisers Celia Norowzian and Ian Forshew of Beach Break Live turned down a £50,000 investment from entrepreneur Peter Jones on BBC's Dragons' Den programme.
Instead, Beach Break Live went ahead in partnership with Outgoing Ltd - a student event and travel specialist.
Since the organisers were filmed on Dragons Den, the Spring Break festival - which targets students - has gone on to receive a nomination for Best New Festival at the UK Festival Awards.
The rounded sleeping capsules send guests drifting into ocean before arriving on desert island by morning.
Sitting on the saddle activates the part of the brain responsible for learning, a study has claimed.
Scientists are appealing for more people to donate their brains for research after they die.
Life on Earth may have arrived from Mars on an asteroid, scientists have claimed.
Lunar mission scheduled at the end of 2017 could find out if beer can be brewed on the moon.
A bottle used to teach children how far litter can travel ended up on Scottish beach after 8,700-mile journey.
Confused Apple customers are finding coins in their MacBooks.
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