MathWorks TECHMATE has become a key player in speeding up startup success by offering complete technical mentorship and resources. In 2024 alone, the program was able to support over 900 startups across the world with industry-standard tools, such as MATLAB and Simulink, and a guide through the challenges of performing engineering tasks.

Key Highlights:

• Global Reach: Supported over 900 startups across 50+ countries in 2024.
• Healthcare Impact: Enabled startups like iMedrix to deliver AI-powered cardiac care to rural India.
• Strategic Partnerships: Collaborated with 150 accelerator programs, including India's Wadhwani Foundation and Electropreneur Park.
• Technical Mentorship: Offered thousands of hours in expert guidance and free access to MATLAB and Simulink.
• Accelerated Development: Helped Altigreen reduce drivetrain design time from two years to 13 months using Model-Based Design.

Empowering Startups Through TECHMATE

MathWorks TECHMATE has been instrumental in driving forward startup acceleration by offering full-spectrum technical mentorship and resources. In 2024, MathWorks TECHMATE supported more than 900 startups from around the world with tools like MATLAB and Simulink, and the technical experience needed to navigate difficult engineering roadblocks.

Driving Innovation in Healthcare

In India, TECHMATE is making positive changes in the healthcare sector. Startups such as iMedrix have used MathWorks' tools to create AI powered mobile solutions for ECG that provide critical cardiac care in underserved rural areas of India. This opportunity has improved healthcare accessibility and proven the effectiveness of technology in addressing urgent health needs. ​

Strategic Collaborations with Accelerators

TECHMATE's impact is enhanced by its partnerships with over 150 accelerator programs across the globe. Our relationships with India's Wadhwani Foundation and Electropreneur Park have helped numerous startups advance by providing them with resources and mentorship. These partnerships have been key in driving innovation and entrepreneurship within many sectors. 

Technical Mentoring and Resources

In addition to access to software, TECHMATE provides thousands of hours of technical mentoring to help startups cross engineering hurdles, and develop products faster. The support structure for startups helps them efficiently go from an idea to a market-ready product.

Accelerate Product Development

The emphasis in the program on Model-Based Design has been beneficial for startups like Altigreen, who have reduced their drivetrain design cycle from two years to 13 months. Startups based with TECHMATE find themselves iterating products faster, prototyping faster, testing faster and quicker to market giving them a competitive edge.