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.
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."