Maman Biomedical Inc. Earns $10,000 From Innovation Cluster LevelUP Pitch Competition

Latchmi Raghunanan, co-founder of Maman Biomedical Inc. made a $10,000 pitch and was the winner of the Innovation Cluster’s first LevelUP pitch competition on Tuesday afternoon.

Photo by David Tuan Bui.

Raghunanan stood on top over seven other competing companies. This event marked the finale of a 13-week program to propel regional startups from concept to market readiness.

The event was held at Innovation Cluster’s facility in Downtown Peterborough at the Venture North Building.

Entrepreneurs pitched their innovative solutions to a panel of expert judges, Christine Crandell, Gail Moorhouse, and Amit Bhanot to try to claim the top prize.

Raghunanan’s pitch involves the in vitro fertilization (IVF) sector, offering products in patch and gel form. Their products eliminate pain and reduce costs for women facing infertility, both major barriers to accessing traditional needle-injected IVF treatments. 

“Winning this competition means we can accelerate and move forward,” said Raghunanan. “We loved the LevelUP program, and we’ve made a lot of progress in a very short period of time. I am extremely proud of where we are.”

“Our first cohort has set a high benchmark for success," said Crandell. “Seeing these entrepreneurs evolve over the past weeks has been profoundly inspiring.”

Innovation Cluster is accepting new applicants for the next LevelUP cycle beginning on Aug. 6. The application deadline is July 1.

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