MathWorks announces support for startups

MathWorks Australia

Friday, 06 May, 2022

MathWorks announces support for startups

Startups working in the fields of engineering and science are pioneers in technical innovation, but are often constrained by funding, much of which must be spent on employee costs. In order to assist, MathWorks has announced that it has expanded its support for the next generation of entrepreneurs striving to turn their technical ideas into reality: the company now offers tech startups access to a pair of standard suites containing MATLAB, Simulink, and more than 100 industry-specific toolboxes at a startup-friendly price. The Suites for Startups provide a full stack of development tools for design and simulation, and test and code generation.

Besides licences for MATLAB, Simulink and related add-on products, the suites also include training options in local languages as well as technical support from MathWorks experts who are ready to guide users from idea to deployment. Users can also take advantage of the MathWorks startup promotion program to spread the word about their product and services.

“We’ve worked with thousands of startups and know using the best tools helps companies succeed faster and with less risk,” said David Rich, Director of MATLAB Product Marketing. “The new startup suites ensure engineers have access to commercially supported design tools that span the full range of what MathWorks offers — from AI, control design, physical modelling, code generation, cloud deployment, and more.”

MathWorks says it is committed to accelerating the pace of engineering and science, and supporting teams who seek solutions for modern-day problems. Among the 7000 startups in medical technology, robotics and other industries already using MATLAB are Metawave, AEye, and Owl Autonomous Imaging, all working on vehicle perception technologies to provide a safe automated driving experience. As an early-stage company developing the world’s first solar-powered car, Netherlands-based Lightyear also received access to products and support through the MathWorks Startup Program.

“Our electronic system capability development is a very heavy user of our model-based design and we’ve benefited significantly from the MathWorks Startup Program,” said Lewis McCluskey, Senior Launch Engineer at Australian startup Southern Launch. “Being part of the program has allowed us access to the core set of the MathWorks products and to be able to rapidly test different parts of different toolboxes to effectively and quickly generate particular solutions to the problems that we’re trying to solve.”

The goal of the MathWorks startup program is to give early-stage companies the tools to move quickly from concept to minimum viable product without having to choose between engineers and technical tools.

Image: ©stock.adobe.com/au/Gorodenkoff Productions OU

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