ventureLAB and Siemens Partner to Boost Canada’s Hardware Catalyst Initiative
This new partnership will provide companies participating in the Hardware Catalyst Initiative with access to a set of offerings from the Siemens Xcelerator portfolio.
July 6, 2021
ventureLAB and Siemens Digital Industries Software announced a new partnership to expand its reach for the Hardware Catalyst Initiative, Canada’s only lab and incubator for hardware and semiconductor-focused products.
This new partnership will provide companies participating in the Hardware Catalyst Initiative with access to a set of offerings from the Siemens Xcelerator portfolio, including mechanical and electronic design, product lifecycle management (PLM), electro-mechanical simulation and application lifecycle management (ALM) software to support innovation in electronic hardware, health technology and Internet of Things (IoT). Together, ventureLAB and Siemens can work to raccelerate time to market for Canadian startups and scaleups through support, software and collaboration.
“For hardware-focused startups and scaleups, time to commercialization can be a lengthy and expensive process. These companies are building groundbreaking products that will power our technologies of the future,” says Melissa Chee, president and CEO, ventureLAB.
The growing global network of ventureLAB Hardware Catalyst Initiative partners, including recent announcements with Arm, TSMC and Silicon Catalyst, recognizes an opportunity and role for Canada in the global semiconductor supply chain, the companies report. The Hardware Catalyst Initiative and its global ecosystem of innovators enables talented Canadian founders to accelerate commercialization and global growth.
“Startups are a vital innovation cluster from which the next generation of Canadian technology leaders will emerge, and access to the highest standard of industry software will not only reduce the risks and costs involved for startups and their investors but also reduce cycle times and bring important products to domestic and international markets more quickly,” says Jamie Dinsmore, vice president and country manager, Canada at Siemens Digital Industries Software. “The Xcelerator portfolio will help the ventureLAB community complete product realization from design through manufacturing and into IoT development.”
Join ventureLAB and Siemens at HardTech
HardTech is Canada’s hardware technology-focused conference, hosted by ventureLAB, featuring thought leaders in the tech ecosystem. For the keynote panel discussion, Jamie Dinsmore of Siemens Digital Industries Software will share his thoughts on The Evolution of Hardware Technology alongside fellow panelists.
- Date: June 22 & 23, 2021
- Time: 11:00 a.m.-3:00 p.m. ET
- Location: Register in advance
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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