One Skin will be represented by co-founder Juliana Carvalho in the competition. It will compete with NanoSpun Technologies, a Los Altos, Calif., Company that develops and produces active living biological tissues for skin care, medical and industrial applications; Ready, Set, Food !, Los Angeles, CA, which focuses on the early introduction of allergens; and Wellesley Pharmaceuticals, Newtown Grant, PA, who developed a pill called Nocturol that is designed to provide eight hours of protection for those who suffer from frequent toilet trips overnight.
One Skin boasts a proprietary peptide, OS-01, which it claims rejuvenates the skin at the molecular level and effectively addresses the negative implications of aging.
The finalists will make their presentation to a panel that includes Alex Betancourt, Vice President, P&G Ventures; Anu Duggal, founding partner, Female Founders Fund; Mike Jensen, senior vice president of R&D, P&G Ventures; Michael Olmstead, Director of Revenue, Plug and Play; and Clarence Wooten, co-founder and general partner, Revitalize Venture Studio.
The winner will receive a prize of $ 10,000 and the opportunity to continue to develop their product with P&G Ventures.
Founded in 2015, P&G Ventures partners with entrepreneurs, inventors and startups to discover and create consumer products, brands and businesses that meet consumer needs in areas new to P&G.