Ledger · 2026-09-04 · Electrochemistry / Biosensing

Laser-Induced Porous Graphene (LIG) Sensor Substrates via Direct-Laser Writing

Rejected

This concept did not clear the framework. The reasoning is published in full below.

What the assessment found

Incumbent benchmarkMetrohm DropSens DRP-110 screen-printed carbon electrode
Entry applicationPoint-of-Care Food Safety and Veterinary Residue Detection
Measured advantage2.87-fold higher analytical sensitivity for sulfadimidine detection and 475% increase in peak current for nitrite oxidation compared to Metrohm DropSens DRP-110.
Time to first revenue9 months
Gross margin at parity95.5%
Startup CapEx$45,000
Payback from first sale0.1 months
Capital productivity192.0x
Regulatory riskModerate — qualification costs reported ($75,000 estimated)

Why it failed

Assessment

The concept exhibits strong margins and clear scientific performance advantage, but fails due to a severe form-factor regression (flexible polyimide vs rigid ceramic card) requiring unproven interface adapters. Additionally, it lacks a structured Market Absence Ledger section with quantitative company/product search counts.

Also flagged

A rejection is not a claim that the science is wrong. It means the venture case did not survive: the comparator was not what the buyer actually buys, the comparison was not like-for-like, the advantage fell short of a step change, or the capital and time to first revenue were prohibitive.


Assessed 2026-09-04 against seven gates plus the voiding sub-tests. How the method works · Browse all concepts