{"id":12,"date":"2023-11-29T19:26:18","date_gmt":"2023-11-30T00:26:18","guid":{"rendered":"https:\/\/blogs.sw.siemens.com\/startup-video\/?p=12"},"modified":"2026-03-27T10:13:50","modified_gmt":"2026-03-27T14:13:50","slug":"creating-tech-titans-venturelabs-startup-story","status":"publish","type":"post","link":"https:\/\/blogs.sw.siemens.com\/startup-video\/2023\/11\/29\/creating-tech-titans-venturelabs-startup-story\/","title":{"rendered":"Creating Tech Titans: ventureLAB\u2019s Startup Story"},"content":{"rendered":"\n

Join Siemens startups program to grow your startup to its full potential with the right software solution:<\/p>\n\n\n\n

Siemens Startups Program: from idea to market leader with the right tools<\/a><\/p>\n\n\n\n

The obstacles hardware startups face when commercializing their products can be extremely challenging. ventureLAB, Canada\u2019s only lab and incubator for hardware and semiconductor-focused products, is working to reduce barriers and accelerate time to market for Canadian startups and scaleups through support, software, and collaboration.<\/p>\n\n\n\n

In June of 2021, Siemens sponsored HardTech, ventureLAB\u2019s premiere hardware technology-focused conference. The conference featured the HardTech pitch competition which invited 8 startups to showcase their semiconductor-focused solution to industry leaders, investors, government, and media, for a chance to win $100,000 in cash and prizes. As well as sponsoring the conference, Siemens provided the winner of the pitch competition the Siemens Startup Package at no cost.<\/p>\n\n\n\n

Tim Szeto and his team at TITAN Haptics<\/a> won the competition with their advanced haptic motors for smartphones, consoles, and touchscreen devices. Based on a solid-state magnetic suspension, TITAN\u2019s patented Linear Magnetic Ram (LMR) technology offers a console-like experience in smaller devices, key for delivering virtual buttons and AAA-gaming on portable devices.<\/p>\n\n\n\n

Check out the video below to learn how Siemens supports startup companies through ventureLAB by supplying the tools necessary to bring their products to market.<\/p>\n\n\n\n

This new partnership will provide companies participating in the Hardware Catalyst Initiative with access to a unique set of software offerings through the Siemens Startup Program<\/a>, 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).<\/p>\n\n\n\n

Get updates from the journey of ventureLAB<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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