DiabSense wins Venture Engine 2025
View(s):The grand finale of Venture Engine 2025 took place on September 17 at Cinnamon Life – The Studio, spotlighting Sri Lanka’s most promising entrepreneurs and marking another milestone for the country’s growing startup ecosystem. From more than 175 applicants, 12 exceptional start-ups reached the finals after months of mentoring and pitching. Their ideas showcased the diversity and depth of Sri Lanka’s innovation landscape, from health technology to sustainable development and agri-tech, the organisers said in a media release.
DiabSense emerged as the Winner of Venture Engine 2025, recognised for its groundbreaking use of AI-powered thermal and visual imaging to help clinicians detect diabetic foot complications non-invasively. Founded by Kosala Jayasundara, the start-up was honoured for addressing a critical healthcare challenge with scalable innovation. The award was presented by Chathuranga Abeysinghe, Deputy Minister of Industry and Entrepreneurship Development, and Rajan Anandan, Co-Founder of BOV Capital and Managing Director at Peak XV Partners.
Winner
AGC Innovate, founded by Umayanga Nanayakkara, was named First Runner-Up for developing sustainable solutions that translate research into practical, large-scale impact across construction and environmental management. The award was presented by Supun Weerasinghe, CEO of Dialog Axiata PLC, and Prajeeth Balasubramaniam, Managing Partner at BOV Capital. Spectrify AI, co-founded by Jeevan Gnanam and Lakshan De Silva, secured Second Runner-Up, recognised for its use of AI and spectral analysis to improve quality control and consistency in agriculture. Adil Mansoor and Nishok Goonasekara, CEO of Capital Alliance Partners Limited, presented the award.
Two special awards further highlighted entrepreneurial diversity. CSPEAKH, founded by Nadini Perera, received the Best Female-Led Business Award, presented by Shea Wickramasingha, Najila Ablej, and Prajeeth Balasubramaniam. The Most Impactful Business Award went to Seashore Garden, founded by Shawn Senarath, Sabina Dissanayake, Dasun D. Silva, Malika Sugathapala, and Duvindu Ranasinghe, and was presented by Sanchayan Chakraborty and Jan Metzger.
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