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Monolith AI ltd

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Monolith AI ltd
Monolith AI
Private
ISIN🆔
Industrycomputer software
Founded 📆London, UK
Founders 👔Dr. Richard Ahlfeld
Headquarters 🏙️London
Area served 🗺️
Members
Number of employees
🌐 Websitemonolithai.com
📇 Address
📞 telephone

Monolith AI is a European software development corporation based in London, UK. The company develops a platform that aims to help engineers accelerate and improve their Engineering design process through the use of artificial intelligence. In September 2019, it was named by Forbes as part of "29 of the U.K.’s Most Exciting AI Startups"...[1]

History[edit]

The company was founded in 2016 by Dr. Richard Ahlfeld after completing his PhD[2] at Imperial College London on uncertainty quantification[3][4] This got him being selected as part of the top 10 entrepreuneurs under 35 in Germany[5][6]. Initially named UQuant[3], the company is rebranded Monolith AI in the summer 2018. It went through two rounds of funding in 2018 and May 2019 respectively[7][8], led by Pentech Ventures. Monolith AI recently joing the Applied AI growth programme from Tech Nation[1][9]. The software was developed during collaboration projects with different engineering companies, focussing particularily on automotive, aerospace, and consumer packaging[10][11][12], and has worked with companies like l'Oréal and CRIEPI[13]

See also[edit]

References[edit]

  1. 1.0 1.1 Press. "29 Of The U.K.'s Most Exciting AI Startups Race To Scale". Forbes. Retrieved 2019-10-10.
  2. Ahlfeld, Richard (2017). A data-driven uncertainty quantification method for scarce data and rare events (PhD). Thesis. Retrieved 2019-10-10.
  3. 3.0 3.1 Press. "UQuant presents at Hello Tomorrow". Retrieved 2019-10-10.
  4. "Using data science and machine learning to improve engineering". Retrieved 2019-10-10.
  5. Press. ""Innovatoren unter 35" 2018: Die Morgen-Macher" (in Deutsch). Retrieved 2019-10-11.
  6. Press. "Technology Review prämiert Innovatoren unter 35" (in Deutsch). Retrieved 2019-10-11.
  7. "Monolith AI closes Seed round of £1.9 million led by Pentech Ventures". Retrieved 2019-10-10.
  8. "AI Start-up Monolith AI raises £1.9M investment for engineering AI assistant" (Press release). Retrieved 2019-10-10.
  9. Press. "29 leading Artificial Intelligence scaleups join UK's first ever Applied AI growth programme". Retrieved 2019-10-10.
  10. "Retail's Adapt-Or-Die Moment: How Artificial Intelligence Is Reshaping Commerce". CBinsights. Retrieved 2019-10-10.
  11. "A technology for any industry". Retrieved 2019-10-10.
  12. Press. "Accelerating Product Development using Artificial Intelligence". Retrieved 2019-10-11.
  13. Press. "Monolith, company overview". Retrieved 2019-10-11.


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