Named Pliobates cataloniae, the new species has important implications for reconstructing the last common ancestor of the two groups (the living hominoids).
"This fossil discovery is providing a missing chapter to the beginning of ape and human history," said Sergio Almecija, assistant professor at George Washington University (GW)'s Columbian College of Arts and Sciences.
"We used to think that small apes evolved from larger-bodied apes, but this new species tells us that small and large apes may have co-existed since hominoids originated. Alternatively, Pliobates might indicate that great apes evolved from gibbon-size ape ancestors," said Almecija.
Anthropologists previously thought that great apes were present before small apes, mainly due to the lack of small apes and ancient gibbons in the fossil record.
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Pliobates has forced them to consider the role that small apes played in hominoid evolution.
"These remains clearly belong to an ape, but they are so small," Almecija said.
"Then we realised, maybe we are looking at this the wrong way. Maybe some early ape ancestors were smaller than we thought," said Almecija.
Scientists, including those from Institut Catala de Paleontologia Miquel Crusafont (ICP) in Spain, concluded the fossil remains belong to an adult female that weighed between 9 and 11 pounds, consumed soft fruits and moved through the forest canopy by climbing and suspending below branches.
The findings were published in the journal Science magazine.