Grace Investment Machine (GIM), a Hong Kong-based AI investment technology company developing agentic systems for capital markets, said on July 9 that it had closed a US$20 million series A round.

The round was co-led by Hony Capital and an unnamed US venture capital firm, with participation from IDG Capital and existing investor Monolith Capital. GIM said this was its third funding round in its first year of operations.

Founder and CEO Jiahao Xu said GIM is developing foundation models for capital-market environments. The company is also building multi-agent systems that generate and validate investment signals.

The company is also testing AI-driven strategies and investment products across multiple asset classes and markets.

The raise comes as AI companies accounted for 57.9% of the US$126.3 billion in global venture funding deployed in the first quarter of 2025.

In Hong Kong, the Securities and Futures Commission (SFC) has said AI used by licensed firms for investment research or recommendations is a high-risk use case that requires tighter controls, including human review.

🔗 Source: GIM (Grace Investment Machine)