Monolith partners with HORIBA MIRA to revolutionize battery testing through AI.

Deal News | Dec 03, 2024 | Top Technology Ventures Ltd

HORIBA MIRA, a leading automotive engineering consultancy, has entered a partnership with Monolith, an AI software provider, to enhance battery and powertrain development and testing. This collaboration focuses on leveraging AI and machine learning to provide automotive OEMs and Tier 1 suppliers with advanced data-driven solutions. The partnership allows Monolith access to HORIBA MIRA’s R&D battery test data to enhance its Anomaly Detector and Next Test Recommender algorithms. The integration of Monolith’s tools aims to reduce the reliance on costly prototype vehicles and accelerate powertrain development. The combined capabilities aim to deliver a comprehensive optimization toolchain, supporting the development of sustainable transport solutions. This initiative underscores the importance of virtual development in the automotive sector and is set to enhance HORIBA MIRA's existing product offerings.

Sectors

  • Automotive Engineering
  • Artificial Intelligence

Geography

  • United Kingdom – HORIBA MIRA and Monolith are both involved in this partnership and are based in the UK, highlighting the nation's role in automotive and AI innovation.

Industry

  • Automotive Engineering – This industry involves the design, development, testing, and manufacturing of vehicles. HORIBA MIRA is a significant player in this sector.
  • Artificial Intelligence – Involves the creation and application of algorithms capable of learning and making decisions without human intervention. Monolith applies AI in engineering settings to optimize testing and development.

Financials

    Participants

    NameRoleTypeDescription
    HORIBA MIRAAutomotive Engineering ConsultancyCompanyKnown for its expertise in automotive engineering, providing data-driven battery and powertrain solutions.
    MonolithAI Software ProviderCompanySpecializes in AI tools for engineering teams, enhancing development and testing processes with machine learning algorithms.
    Dr. Richard AhlfeldCEO and FounderPersonCEO and Founder of Monolith, leading the integration of AI solutions in engineering.
    Guy FoulgerEngineering & Technology DirectorPersonEngineering & Technology Director at HORIBA MIRA, overseeing innovative partnerships and product developments.