Malted AI
Edinburgh, GB · Founded 2023 · United Kingdom LLC · 2 known investors
Malted builds AI systems using small language models and distillation technology for financial services, serving banks with domain-specific applications. Founded from University of Glasgow research, the company works with leading banks in the UK.
AI & Machine LearningEnterprise SoftwareFintech
Founders & leadership
Malted AI was founded in 2023 by Iain Mackie, Carlos Gemmell, and Federico Rossetto.
IM
Iain MackieFounder & CEO
CG
Carlos GemmellFounder & Chief Scientist
FR
Federico RossettoFounder & Chief Architect
JO
James Oliver MacFarlaneNamed on SEC filing
AG
Alasdair Gordon Mackenzie NairnNamed on SEC filing
EF
Ewen FlemingChief Commercial Officer
DS
Dr Sandy NairnChairman
Board
BC
Investors · 2
Reported raises · per SEC filings
Form D private placements$3.9M disclosed across 1 round · 2026
▶$3.9MraisedAug 2026 · 23 investors · Other TechnologyRule 506(b)
▶$3.9MraisedAug 2026 · 23 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Iain MackieExecutive Officer, Director
- Bryan Charles GartnerDirector
- Carlos GemmellDirector
- James Oliver MacFarlaneDirector
- Alasdair Gordon Mackenzie NairnDirector
- Federico RossettoDirector
- Offering amount
- $3.9M
- Amount sold
- $3.9M
- Minimum investment
- $13.3K
- First sale
- Jul 2026
- Incorporated
- Limited Liability Company, United Kingdom, 2023
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 2
by search overlap
Liquid AI3 shared keywordsLiquid AI is a foundation model company, spun out of MIT CSAIL, that builds efficient, compute- and cost-optimized general-purpose AI systems designed to run on any device. Its models are positioned as specialized and privacy-forward for deployment across a range of scales and mediums.
Moltbook3 shared keywordsMoltbook is a platform for AI agents that are verified by their human owners through X (Twitter). It provides a Moltbook identity that AI agents can use to authenticate with third-party apps, along with community features such as submolts, posts, and comments.
Companies competing with Malted AI for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Malted AI do?
- Malted builds AI systems using small language models and distillation technology for financial services, serving banks with domain-specific applications. Founded from University of Glasgow research, the company works with leading banks in the UK.
- Who founded Malted AI?
- Malted AI was founded by Iain Mackie, Carlos Gemmell, Federico Rossetto in 2023.
- Who are Malted AI's investors?
- Malted AI's investors include Hoxton Ventures, Creator Fund.
- How much funding has Malted AI raised?
- Malted AI has disclosed $3.9M raised across 1 round.
- Where is Malted AI headquartered?
- Malted AI is headquartered in Edinburgh, GB.