
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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Location: Edinburgh (Relocation Assistance Available)
Employment Type: Full-Time
We are a Scottish AI company backed by leading venture capital. We specialize in building AI solutions for Financial Services, focusing on tackling their most valuable challenges using targeted small language models.
Our mission is to accelerate AI’s time-to-value, enabling businesses to remain compliant, efficient, and secure while ensuring data stays within their environment. By leveraging knowledge distillation and small language models, we address complex regulatory workflows that general AI can’t solve.
Malted AI was founded on the innovative distillation techniques that earned its founders the 2022 Amazon Alexa Prize, triumphing over more than 100 global teams. Since then, we have raised £7 million from top-tier venture capital firms and are transforming how enterprises deploy AI at scale.
Job Title: Frontend Developer
We're looking for a Front-End Engineer with a strong foundation in software development and a passion for implementing rich, dynamic user experiences. This role is ideal for someone who enjoys working with complex application logic, responsive interfaces, and exploring new technologies in the front-end space.
You'll play a key part in shaping how users interact with our products by implementing high-quality interfaces that encapsulate the power of our backend AI systems while ensuring performance, scalability, and a cohesive user experience.
If you are ready to join a pioneering AI company and contribute to its success, we invite you to apply and be a part of Malted AI's exciting journey. Even if you feel that your background may not perfectly align with the described profile, we encourage you to apply if you possess a passion for technology and are eager to learn.
We believe in the potential for growth and development, and we are committed to providing support and resources to help you succeed in the role. Our positions are available for individuals with a valid UK work permit; at our current stage, we are not sponsoring visas.