29/12/2022
Menterra Ventures is proud to announce Kozhnosys as the winner of the Menterra Cancer Challenge.
Breast cancer is one of the leading causes of death among women, with more than 100,000 new cases reported each year. More than 70% of breast cancer cases present to doctors at advanced stages. In most cases, a delay of this kind has a devastating effect on a patient's treatment and survival.
At 52%, the five-year survival rate in India is one of the lowest in the world. Patients in non-urban areas are twice as likely to die of cancer despite medical advances. Technologies that enable widespread screening are urgently needed to close this gap.
Jilma Peruvangat founded Kozhnosys to solve this cancer screening gap. Their goal is to develop a breath test to detect breast cancer and other diseases using volatile organic compounds as biomarkers.
George Thomas, CEO of Menterra Ventures said that “With a low-cost breath test, cancer screening can be made accessible to everyone, everywhere. This investment fits well with Menterra's mission of developing disruptive technologies to solve unmet needs. The investment marks our fourth consecutive investment in a women-led health technology firm."
We would like to give our heartfelt thanks and gratitude to all the experts who took out the time to share their knowledge and expertise with the participants of the challenge.
Our thanks to Dr.Vishal U S Rao, Vijaya Kumar Ivaturi, Dr. Jagdish Chaturvedi, Vinay Krithik, Dr. Prabhavathy Devan, Dr. Sampath Srisailam, Ph.D., Prasanna Bhagwan and to Kiran Vuppala and MSMF TBI for their support in clinical validation
We also could not have done this challenge without the assistance and help of our partners and would like to convey a big thank you to all our partners for their support.
Innovation partner - Centre for Cellular and Molecular Platforms and other partners, Atal Incubation Centre - CCMB, IKP Knowledge Park, MSMF TBI, Kiit Technology Business Incubator, Research and Innovation Circle of Hyderabad, India Sweden Healthcare Innovation Centre, IIM Calcutta Innovation Park (IIMCIP), Society for Innovation & Entrepreneurship - SINE, IIT Bombay, Venture Center