P&G Ventures Announces NanoSpun as Winner of Fifth Innovation Challenge

July 19, 2021

P&G Ventures is excited to announce the winner of the fifth Innovation Challenge is NanoSpun Technologies represented by Founder and CEO Ohad Bendror (Bendas). NanoSpun, which develops and produces disruptive, first-of-its-kind, live-active biological tissues for skincare, medical and industrial applications, will receive $10,000 and the opportunity to continue developing their product and brand under the guidance of P&G Ventures.

“NanoSpun is honored to be selected as the winner of P&G Ventures’ Innovation Challenge,” said Bendror (Bendas). “I’m grateful for the opportunity to present our innovation alongside other passionate and inspiring entrepreneurs, and to receive support from P&G – a company that has played a key role in the development of so many successful brands. Recognition from P&G and the support and opportunity to work with P&G Ventures is invaluable, and we are excited to build a relationship with them.”

Finalists had the opportunity to pitch their startups to a panel of expert judges, including Alex Betancourt, Vice President of P&G Ventures, Anu Duggal, Founding Partner of Female Founders Fund, Mike Jensen, Senior Vice President of Research & Development at P&G Ventures, and Michael Olmstead, Chief Revenue Officer of Plug and Play. Pitches were followed by a Q&A session, where judges got a closer look into the visions, goals and passions of these entrepreneurs.

“These Innovation Challenges have become a key way for P&G Ventures to connect with early-stage brands, businesses and startups in the fast-moving consumer goods space,” said Betancourt. “P&G is committed to improving the lives of our customers, and at P&G Ventures we partner with startups who share that mission. We congratulate NanoSpun for winning our latest challenge, and we applaud all the finalists on their efforts. We can’t wait to see where you go with your innovations.”

The above excerpt first appeared on

To view the NanoSpun YouTube presentation please click here