P&G Ventures Announces Four Finalists in Innovation Challenge

The finalists will pitch their businesses to a panel of expert judges who will determine the winner.
The finalists will pitch their businesses to a panel of expert judges who will determine the winner.

P&G Ventures, the early stage startup studio within P&G, has announced the four finalists in its latest Innovation Challenge, which will be held online on July 14, 2021 at 1 p.m. ET.

Related: Healium Partners With P&G Ventures to Sell Mental Health Product Beside Hygiene Goods

The winner will receive a $10,000 prize and the opportunity to continue developing their product with P&G Ventures.

The 2021 P&G Ventures Innovation Challenge finalists are:

  • NanoSpun Technologies, based in Los Altos, CA and represented by founder and CEO Ohad Bendror (Bendas), develops and produces live-active biological tissues for skin care, medical and industrial applications.

  • One Skin, based in San Francisco, CA and represented by co-founder Juliana Carvalho, is a topical supplement designed to extend the skin's lifespan on a molecular level, improving skin health and strength, giving users youthful skin for longer.

  • Ready, Set, Food!, based in Los Angeles, CA and represented by CEO and co-founder Daniel Zakowski, is a solution to early allergen introduction, making it easy for families to follow new food allergy prevention medical guidelines.

  • Wellesley Pharmaceuticals, based in Newtown Grant, PA and represented by CEO and president David Dill, designed Nocturol, a pill designed to provide eight hours of protection for those who suffer from frequent bathroom trips overnight.

The finalists will pitch their businesses to a panel of judges, which includes: Alex Betancourt, vice president, P&G Ventures; Anu Duggal, founding partner, Female Founders Fund; Mike Jensen, senior vice president of research and development, P&G Ventures; Michael Olmstead, chief revenue officer, Plug and Play; and Clarence Wooten, co-founder and general partner, Revitalize Venture Studio.

Bill Birgen, winner of P&G Ventures' Innovation Challenge held in January 2021 during CES, said, "Being selected as a finalist by P&G Ventures gave the SAVRpak team access to some great P&G resources, specifically with regards to sustainability. Winning the P&G Ventures competition brought with it another level of validation and credibility."

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