Participated · Series A · Aug 2021

Monolith is an AI-powered engineering platform that enables design and engineering teams to capitalise on existing CAD, simulation, and test data to predict the behaviour of future designs without new simulations or tests. Founded in 2016 by Dr. Richard Achfeld, the London-based firm emphasises democratising AI by empowering engineers to be self-sufficient in building and deploying AI solutions. Achfeld's background includes projects with NASA, Airbus and Rolls-Royce, which underpins the company's engineering focus. The platform targets engineered products across aircraft, automotive and electronics, and is already employed by major brands including BMW, Honda, Siemens and BAE Systems. Monolith says it will use the new capital to further accelerate product development. To date the company has raised £10.6 million, including the recently announced Series A.

Participated · Series A · Aug 2021

Monolith AI builds an AI engineering platform that uses machine learning to help design and engineering teams predict product behavior without running new simulations or physical tests. The platform enables companies to monetize CAD, simulation, and test data to accelerate product development workflows. Clients named in the article include BMW, Honda, Siemens and BAE Systems. The company focuses on 3D machine-learning technology to virtually predict product performance and speed product development. It plans to use the new funding to grow its international client base and continue developing its 3D ML capabilities. Monolith AI was founded in 2016 and is based in the UK. Monolith AI develops proprietary machine learning software that functions as an AI assistant for engineers, enabling design of products like cars and aeroplanes. Its software lets users create new notebooks, visualise and validate data, train machine learning models, and analyse input/output relationships in real time. The solution is available as a desktop application or deployed on private or public cloud. Led by CEO and founder Dr Richard Ahlfeld, the company has worked with engineers in the Automotive, Aerospace and Packaging industries. Monolith AI has participated in the Founders Factory Accelerator and Techcelerate Incubator programs. The company raised £1.9m and intends to use the funds to accelerate product development.