Monumo

Monumo's core technology is the 'Anser Engine,' a proprietary multi-physics optimization platform that runs millions of simulations daily to explore complex design possibilities for electric motors that are beyond human capability. This AI-driven approach integrates electromagnetic, mechanical, and thermal domains to create motor designs that are lighter, more compact, energy-efficient, and less reliant on rare-earth materials. By treating the motor as a complete system rather than a collection of separate components, Monumo's platform can identify optimal parameters for specific use cases, such as reducing cost, increasing efficiency, or improving sustainability. For example, the company has developed a switched reluctance motor (SRM) design with a 50% reduction in torque ripple, resulting in significantly quieter and smoother operation.

The company's business model is centered on licensing its proprietary motor system designs to Original Equipment Manufacturers (OEMs) and Tier 1 suppliers, primarily within the electric vehicle (EV) market. By providing these optimized designs, Monumo gives its partners a competitive advantage in performance and cost. The company has secured £10.5 million in seed funding to date from backers including LQD VC and angel investors, as well as a £750,000 grant from Innovate UK. While its initial focus is on the automotive sector, Monumo's technology is applicable across a range of industries that use electric motors, including aerospace, robotics, and industrial products.