FundedIQ
Artificial Intelligence

Monumo: Funding, Investors & Team (Sep 2026)

Monumo is an advanced engineering firm specializing in developing top-of-the-line electric motors. By utilizing a blend of simulation, machine learning, artificial intelligence, and motor design technology, Monumo can produce cutting-edge EV motor systems that surpass human capabilities.

www.monumo.com LinkedIn Cambridge, United Kingdom 11-50 employees
Automotive Electronics Industrial Engineering Machine Learning Mechanical Engineering B2B
Total raised
$14.3M
Rounds
2
Latest
Undisclosed round
Aug 2024

Monumo has raised $14.3M across 2 funding rounds on record, the most recent an undisclosed round of $950k announced in Aug 2024.

That round is below the $5.7M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Monumo Company Profile and Key Stats

Total funding raised
$14.3M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$950k in Aug 2024
Employees
11-50
reported band
Headquarters
Cambridge, United Kingdom

Latest funding round on record: Aug 2024.

Monumo Funding Rounds

Date
Round
Amount
Undisclosed round
$950k
Seed
$13.3M

Monumo raised $13.3M in a Seed announced in Feb 2024.

6 months later, an undisclosed round of $950k was announced in Aug 2024.

Monumo Founders and Leadership Team

Name
Role
Contact
Dominic Vergine
Founder
Locked

Contact details for the Monumo team: 1 of 1 has an email address on file.

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Monumo Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round

Monumo's latest round of $950k is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Monumo Funding FAQs

What does Monumo do?

Monumo is an advanced engineering firm specializing in developing top-of-the-line electric motors. By utilizing a blend of simulation, machine learning, artificial intelligence, and motor design technology, Monumo can produce cutting-edge EV motor systems that surpass human capabilities.

How much funding has Monumo raised?

Monumo has raised $14.3M across 2 rounds on record. The most recent is an undisclosed round of $950k announced in Aug 2024.

When did Monumo last raise funding?

Monumo's most recent funding round on record is an undisclosed round of $950k, announced in Aug 2024.

Who founded Monumo?

FundedIQ lists Dominic Vergine (Founder) at Monumo.

Where is Monumo headquartered?

Monumo is based in Cambridge, Cambridgeshire, United Kingdom.

How many employees does Monumo have?

Monumo is in the 11-50 employee band.

How does Monumo's funding compare to other Artificial Intelligence startups?

Monumo's latest round of $950k is below the $5.7M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.

About FundedIQ's Monumo Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Monumo is left off this page rather than filled in.

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