
Distilling Small Language Models for Enterprise. We distil enterprise-specific Small Language Models (SLMs) to achieve pinpoint accuracy with 10 – 100x cost savings. Malted AI combines enterprises’ domain expertise with our world-class knowledge distillation technology to solve the highest-value problems. Existing Large Language Models (LLMs) are overly general and lack specificity. Opposed to general AI that does thousands of tasks moderately well, Malted AI’s SLMs do one task near perfect.

Distilling Small Language Models for Enterprise. We distil enterprise-specific Small Language Models (SLMs) to achieve pinpoint accuracy with 10 – 100x cost savings. Malted AI combines enterprises’ domain expertise with our world-class knowledge distillation technology to solve the highest-value problems. Existing Large Language Models (LLMs) are overly general and lack specificity. Opposed to general AI that does thousands of tasks moderately well, Malted AI’s SLMs do one task near perfect.
What they do: Build specialised, domain-specific small language models and intelligence for regulated financial services.
Flagship product: Pulse — real-time analysis of 100% of customer interactions (calls, chats, emails) to surface actionable intelligence.
Security & compliance: Platform can be deployed inside a customer's cloud so data remains in the customer's environment.
Founders & origin: Founded in 2023 by University of Glasgow AI researchers Iain Mackie (CEO), Carlos Gemmell (CTO) and Federico Rossetto (Chief of Engineering).
Funding: Pre-Seed £1.0m (Aug 2023) and Seed £6.0m (May 2024); investors include Hoxton Ventures and Creator Fund.
Regulated financial services — extracting actionable intelligence from customer interactions to improve outcomes and compliance.
2023
Financial services
£1.0 million
Company timeline and funding records report a £1m raise at founding (2023); Crunchbase lists a Pre-Seed announced Aug 1, 2023 led by Creator Fund.
£6.0 million
Dealroom and Crunchbase record a May 2024 Seed round of £6.0m with Hoxton Ventures and Creator Fund as participating investors.
“Hoxton Ventures and Creator Fund (Creator Fund led Pre-Seed; Hoxton Ventures led Seed)”
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