Monumo
Monumo is a deeptech engineering company specializing in the design of electric motors, aiming to improve their efficiency and promote sustainability. Leveraging their AI-powered, multi-physics engine called Anser®, they optimize motor designs for OEMs and Tier 1 customers, providing a competitive advantage. The Anser engine can run millions of simulations daily, built with machine learning at its core, to discover optimal engineering solutions. Their business model involves partnering with clients to optimize existing motor designs or create new ones, followed by licensing these improved designs for evaluation, prototyping, and production. Initially focused on EV powertrain systems, Monumo's technology has the potential to address complex engineering problems across various markets, contributing to a more sustainable future by enhancing the efficiency of electric motors which consume 50% of the world's electricity.
Monumo
Monumo is a deeptech engineering company specializing in the design of electric motors, aiming to improve their efficiency and promote sustainability. Leveraging their AI-powered, multi-physics engine called Anser®, they optimize motor designs for OEMs and Tier 1 customers, providing a competitive advantage. The Anser engine can run millions of simulations daily, built with machine learning at its core, to discover optimal engineering solutions. Their business model involves partnering with clients to optimize existing motor designs or create new ones, followed by licensing these improved designs for evaluation, prototyping, and production. Initially focused on EV powertrain systems, Monumo's technology has the potential to address complex engineering problems across various markets, contributing to a more sustainable future by enhancing the efficiency of electric motors which consume 50% of the world's electricity.
TL;DR
Founded: 2021
Headquarters: Cambridge, UK
Product: Anser® AI-powered multi-physics engine for electric motor design
Market focus: Electric vehicle powertrains and industrial electric motors
Seed funding & grant: Raised ~£10.5M seed (angels) and awarded ~£1M Innovate UK grant
