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Simumatik Open Emulation Platform

Reference number
Coordinator Simumatik AB
Funding from Vinnova SEK 900 000
Project duration June 2019 - May 2020
Status Completed
Venture Innovative Startups
Call Innovative Startups stage 2 - spring 2019

Important results from the project

Simumatik AB wants to democratize the use of emulation software, support the digitization of a sustainable industry, and strengthen the skills of future engineers. During the project period, we have further developed our prototype into a finished product and conducted tests and case studies with international companies and universities. We have supplemented our platform to be able to offer subscriptions and we have launched the first plan. We have grown as a team and now we are ready to take the next step and further develop and maintain our commercial product.

Expected long term effects

Now with our commercial product in place and a strong team, we should be able to carry out marketing activities and get new paid customers. The good collaboration we have had during the year with different actors made it possible to validate our product and engage them with us, hopefully, our first customers. The organization has also grown and is preparing for the next growth period, more efficient and structured. We have built an attractive workplace with highly committed staff who have the desire to continue investing in our project. We are again in contact with potential investors.

Approach and implementation

The grant has enabled us to complete our idea and grow as an organization. We have done a great job in the field of intellectual property, obtained new agreements, streamlined the company´s working methods and structure. In order to commercialize our product, we have succeeded integrating payment systems and a secure authentication system, into a brand new website. At the same time, we have improved our product and conducted many case studies with various actors in industry and education that have helped us validate the solution. Recently, we have created a marketing strategy and effort.

External links

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 3 July 2020

Reference number 2019-02333