Monolith AI is an Imperial College London spin off that is building a new machine learning software that utilises the latest in machine learning to help engineers to significantly improve the product development process. Monolith enables companies to monetise their old simulation and test data by using it to anticipate the behaviour of new products. Companies can optimise their R&D process by reducing the numbers of simulations, tests and prototypes required to develop a new product delivering faster and better products.
Location: United Kingdom, England, London
Employees: 11-50
Total raised: $14.04M
Founded date: 2016
Investors 4
| Date | Name | Website |
| 24.08.2021 | Insight Pa... | insightpar... |
| - | Pentech Ve... | pentech.vc |
| - | Startup Au... | startup-au... |
| - | Apex Black | apex.black |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 23.08.2021 | Series A | $11.63M | - |
| 04.06.2019 | - | $2.41M | Pentech Ve... |
Mentions in press and media 11
| Date | Title | Description |
| 08.05.2024 | Engineering AI is Key to Automotive Battery Development, Finds New Report | More than half of automotive leaders see AI as crucial to battery development, yet some fear the potential implications New study finds two-thirds of senior decision-makers feel pressure to reduce physical testing, with engineering AI (EngA... |
| 23.08.2021 | UK AI engineering software startup, Monolith AI, raises €9.9 million in Series A Funding | Monolith AI, an Artificial Intelligence Engineering (AIE) software, has announced an approx. €9.9 million Series A funding round, taking its total capital raised to around €12.3 million. The round was led by New York-based global private eq... |
| 23.08.2021 | London-based No-code AI platform Monolith AI secures £8.5M to help engineers accelerate product development workflows | Monolith AI, a UK-based engineering software startup, secured £8.5M (approx €9.9M) in Series A funding, taking its total funding raised to £10.6M. The startup builds new software that utilises the latest machine learning technologies to hel... |
| 23.08.2021 | Fanatics kills a Topps SPAC deal | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Change your marketer experience and unleash growth for your business From Optimizely... |
| 23.08.2021 | UK AI Engineering Software Company, Monolith AI Raises £8.5 Million in Series a Funding | ● Insight Partners led the round to support growth and technological advancement ● Clients include BMW, Honda, Siemens and BAE Systems ● Alejandro Agag, founder of Formula E, also involved Monolith AI, the leading Artificial Intelligence En... |
| 23.08.2021 | Fanatics kills a Topps SPAC deal | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content The Fortune 500—visualized From Qlik If nothing else, it’s proof why startups find v... |
| 23.08.2021 | Monolith AI Raises £8.5M in Series A Funding | Monolith AI, a UK AI engineering software company, raised £8.5M in Series A funding. The round was led by Insight Partners with participation from existing investors Pentech and Touchstone, Alejandro Agag, the founder of Formula E and Extre... |
| 09.09.2019 | 29 leading Artificial Intelligence scaleups join UK’s first ever Applied AI growth programme | We are excited to introduce the cohort for the UK’s first ever Applied AI growth programme. Announced earlier this year, the growth programme is part of the UK Government AI and Data Sector Deal, and aims to support the AI founders that are... |
| 05.06.2019 | Monolith AI Raises £1.9M in Funding | Monolith AI, a London, UK-based AI assistant for engineers, raised £1.9m in funding. The round was led by Pentech Ventures with participation from Stanford Angels of the UK, Ascension Ventures and Charlie Songhurst. The company intends to u... |
| 04.06.2019 | AI Start-up Monolith AI raises £1.9M via Pentech Ventures with Stanford Angels of the UK | London, 29th May 2019 Technology start-up Monolith AI, which has developed the first AI assistant for engineers, today announces it has raised £1.9 million led by Pentech Ventures with participation from Stanford Angels of the UK, Ascensio... |
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