Y-Prize 2023 winners Equimeter have won the the Jacobson Social Impact Prize at Wharton Venture Lab’s annual startup challenge. This prize awards $10,000 to the entrant whose business model best addresses inequities or societal challenges.
Early this year, Equimeter won the grand prize in the Y-Prize competition for a proposed commercial application for Penn’s physics-informed neural network that improves pulse oximetry in patients with darker skin. Inaccurate pulse oximetry leads to poor health outcomes for darker-skinned patients, a problem that came into sharper focus during the COVID-19 pandemic.
As Y-Prize winners, Equimeter automatically jumped to the finalist round of Venture Lab’s startup challenge. This university-wide competition spotlights student-founded new ventures at Penn. Teams pitch their business models to a panel of entrepreneurial alumni, competing for funding in the form of prize money. Equimeter were among the runners up, and earned special distinction for their proposal’s attention to social impact.