GIM Raises US$20 Mn Series A as Agentic Investing Enters Live Execution

Grace Investment Machine (“GIM”), an AI-native investment technology company building agentic systems for capital markets, today announced the close of its US$20 million Series A financing. The round was co-led by a leading US venture capital firm and Hony Capital, with participation from IDG Capital and existing investor Monolith Capital. The financing marks GIM’s third funding round within its first year of operations. GIM is building agentic AI systems designed to go beyond assisting investment research. The...

Rory Meleniclis Named Chief Information Officer at Intact Insurance

Intact Insurance is pleased to announce the appointment of Rory Meleniclis as Chief Information Officer. In this role, he will lead the next phase of the company’s technology evolution across its global specialty lines business, with a focus on strengthening core systems, advancing cloud capabilities and enabling faster, more data-driven decision-making across the business. “Technology is pivotal to how we compete and grow,” said Lynn O’Leary, EVP and Chief Operating Officer, global specialty lines at...

Otala.Markets announced the launch of Otala AI Pricer

Otala.Markets, an independent European fintech specialising in creating and developing structured investment products, announces the launch of @otala_ai_bot, an AI-powered pricer for structured products (certificates and structured notes) integrated directly within Telegram and WhatsApp. Currently in beta testing, otala_ai_bot has been made available to a selected number of professional investors, with the aim of testing and validating a new model of interaction between artificial intelligence, financial engineering and the distribution of structured products. The chatbot is powered...

Centage Appoints Sameer Kamat as Chief Product Officer

Centage, the AI-native FP&A platform that helps mid-market finance teams move from manual reporting to strategic decision-making, today announced the appointment of Sameer Kamat as Chief Product Officer. Kamat joins Centage with more than two decades of product leadership experience and a proven track record of building, scaling, and leading high-growth software businesses. Most recently, Kamat served as CEO of True Loyal, a Scaleworks portfolio company. Prior to that, he led the business growth of TINT, Zinrelo, and Filestack, which was acquired...

Akemona Unveils CapMark AI Agent as Part of AI Investment Banker Platform

Akemona today announced the launch of CapMark™ AI Agent, an AI-powered product that helps investment banks, asset managers, broker-dealers, and businesses create and organize digital asset offerings for raising funds and issuing tokenized products such as fractionalized stocks, tokenized funds, and options. CapMark AI Agent is available as part of Akemona’s AI Investment Banker for Digital Assets platform, which Akemona provides to financial institutions and businesses as a white-label subscription service. The launch of CapMark AI Agent arrives...

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