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India Cool: Aerate Wins $30,000 Startup Challenge Perlman Grand Prize with First-of-its-Kind Air Conditioner Technology
Penn Wharton Entrepreneurship is pleased to announce the winner of the third annual Startup Challenge, sponsored by Eric Aroesty, C’92: Aerate, founded by six Wharton and Penn Engineering undergraduate students. The Showcase was held on May 3, 2019, at the Wharton School on the University of Pennsylvania campus. Aerate’s novel, patent-pending air conditioner functions as a dehumidifier and air cooler up to 20x more efficient than others in the market. Specifically designed for high humidity environments, Aerate plans to bring this climate-friendly product to the Indian market to combat the growing need for cool air.
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