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Mondevo Group Completes Strategic Acquisition of Meight and Rebrands as MonTech, Singapore

Singapore’s Premier AI Boutique becomes Mondevo Group’s In-House Technology Powerhouse; Cristiano Motto appointed Head of AI & Technology across all Group pillars.

ABU DHABI, UAE and SINGAPORE, Nov. 19, 2025 /PRNewswire/ — Mondevo Group today announced the completion of its strategic acquisition of Meight, the Singapore-based artificial intelligence development firm. Following the acquisition, Meight has been rebranded as MonTech, Singapore, serving as Mondevo Group’s dedicated in-house technology division with more than 40 AI developers.

 

The acquisition reinforces Mondevo Group’s position as the only AI-native integrated wealth and innovation ecosystem serving family offices worldwide.

Leadership and Integration

Under the leadership of Cristiano Motto, founder of Meight and a recognised pioneer in financial technology and artificial intelligence, MonTech will power all three of Mondevo Group’s strategic pillars: Mondevo Wealth, Mondevo Ventures, and MondeVita. Motto has been appointed Head of AI & Technology for Mondevo Group.

Hussam Otaibi, Co-Founder of Mondevo Group, commented:

“We could not be more excited to welcome Cristiano into the heart of Mondevo Group. Not only is he the ideal leader to shape our AI and technology agenda, but he is bringing with him an exceptionally capable team that has already delivered solutions at scale across multiple sectors. Together, Cristiano and the MonTech team give us the depth and speed needed to execute on our ambitions.”

Fabio Brambilla, Co-Founder of Mondevo Group, stated:

 “This acquisition transforms our competitive positioning from strong to insurmountable. With MonTech fully integrated and Cristiano leading our technology vision, we now possess the only truly AI-native infrastructure in our industry. Our competitors are hiring consultants to add AI features. We own the AI company building our future. That difference compounds daily.”

Building a Sustainable Technology Moat

The creation of MonTech makes a major step in Mondevo Group’s strategy to embed AI at the core of its operations rather than as an external add-on. The group’s proprietary algorithms, custom large language models, and a unified data architecture form a technology moat that competitors cannot easily replicate.

The integration also enhances cost efficiency and accelerates product innovation, reducing time-to-market for new AI capabilities from quarters to weeks and eliminating more than USD $8 million in annual external development costs.

About MonTech

Formerly known as Meight, MonTech has delivered more than 20 major AI projects across financial services, aerospace, and enterprise technology sectors throughout EMEA and APAC. The company’s track record includes:

  • Building and scaling 7+ AI-powered startups , including FAIRTILE, an agentic AI decision platform
  • Delivering 15+ corporate AI transformations for major financial institutions and enterprises
  • Grown to 40+ AI professionals, including full-stack developers, data scientists, and distributed-ledger specialists.
  • Developed four core practices: Innovation Advisory, Product Development, Product Operations, and Venture Building.

Cristiano Motto: Visionary Technologist Leading Mondevo’s AI Future

Cristiano Motto brings more than 20 years of experience spanning banking innovation, entrepreneurship, and deep-tech leadership. His background includes serving as Chief Innovation Officer at Barclays, founding multiple fintech ventures, and being recognised in the Top 30 Fintech Influencers in Italy for his contributions to AI and financial services transformation. He commented:

“Joining Mondevo Group as Head of AI & Technology represents the convergence of everything I’ve built throughout my career – combining institutional financial services expertise with cutting-edge AI development, and entrepreneurial execution. Mondevo’s vision of creating the first truly AI-native wealth and innovation ecosystem for family offices is not just ambitious, it’s the inevitable future of our industry. I’m honoured to lead the technology strategy that will make this vision a reality across all three pillars.”

About Mondevo Group

Mondevo Group is an AI-native wealth and innovation ecosystem serving global family offices. The group operates through its three distinct pillars: Mondevo Wealth, Mondevo Ventures, and MondeVita, while being supported by MonTech, its in-house technology team in Singapore.

Mondevo Group Media Contact:
Email: ir@mondevogroup.com
Website: www.mondevogroup.com

 

 

Ideal House by LibAI Lab Transforms Home Design with Instant AI-generated Custom House Plans

HONG KONG, Nov. 19, 2025 /PRNewswire/ — LibAI Lab, the creative intelligence leader behind Cutout.pro and PromeAI, announced that Ideal House, its AI-driven SaaS platform, is the industry’s first and top  solution capable of generating complete custom house plans in seconds. Since launching in February 2025, Ideal House has attracted significant adoption among architects, interior designers, homeowners, and furniture e-commerce retailers looking to accelerate design workflows.

 

Ideal House’s AI-powered tools enable professionals and homeowners to quickly create custom house plans and floor layouts with intuitive controls, instant visualizations, and precise measurements for area, rooms, and style.

The announcement follows Cutout.pro’s rare recognition from Andreessen Horowitz (a16z) as an “All Star”, standing as one of only fourteen companies to appear in every iteration of the Top 100 GenAI Consumer Apps ranking, solidifying LibAI Lab’s position as a sustained innovator in creative artificial intelligence.

Architecture and interior design have long faced a critical challenge: it typically takes months to generate custom house plans. Designers often spend four to eight months developing fully custom layouts, which limits client iterations and delays project timelines. Ideal House removes this bottleneck by delivering instant, AI-generated plans.

The platform’s proprietary AI Floor Plan Generator and House Plan Generator deliver what no competitor currently offers: the ability to generate a complete set of viable house plans in seconds. Architects and interior designers simply input core metrics, structural preferences, and layout parameters—and instantly receive customizable floor plans ready for refinement and presentation. According to the platform analytics, these two features maintain the highest user retention rates on Ideal House. Designers report an average 74% reduction in custom plan delivery time, compressing months of work into minutes.

Ideal House offers distinct features designed to serve different audiences and user scenarios. The web platform delivers an integrated suite of professional tools spanning the entire workflow for architects and interior designers. Beyond the proprietary planning generators, designers leverage AI 3D Rendering for texture-preserving visualization, Smart Replacer, Object Remover, and Texture Replacer for rapid retouching, and Photo Enhancer and Image to Video for compelling client presentations.

The mobile app democratizes interior visualization through features such as New Walls, New Floors, Interior Remodel, Exterior Renovator, Landscaping, and Virtual Staging. Users get instant previews of renovation outcomes, seasonal décor transformations, and event-ready spaces before financial commitment. Homeowners and decor enthusiasts can visualize holiday-themed decoration for Thanksgiving or Christmas, design birthday or wedding party setups, plan seasonal landscaping, or stage interiors for any special occasion and entertaining.

The Furniture Try-On feature has been rapidly adopted by small and mid-sized furniture and home decor businesses. It allows customers to visualize how specific decor pieces integrate into their own spaces, while enabling sellers to generate scenario-based product photos at scale, saving them costly studio photography and shipping overhead.

“Ideal House represents a fundamental reimagining of how architectural planning works,” said Roy C., Co-founder and Product Director of LibAI Lab. “By automating the custom plan generation process, we’ve unlocked months of designer time and opened professional-grade interior design to thousands of homeowners and retailers worldwide. The market response has validated that this capability was desperately needed in creative AI.”

LibAI Lab’s portfolio processes or generates more than 300 million images per month, serving 100 million independent global users. With Ideal House now live across web and mobile platforms, the company continues to democratize professional-grade visual AI for creative industries worldwide.

About Ideal House

Ideal House is the first and top AI platform purpose-built to generate complete custom house plans instantly. The platform combines proprietary architectural planning with comprehensive AI design and visualization tools across web and mobile interfaces. Architects and interior designers use the platform to explore spatial concepts and speed up client delivery. Homeowners preview renovations before making investments. Retailers showcase houses through staged visualizations. All users connect and share home ideas within the vibrant community of Ideal House.

Ideal House is available at https://ideal.house, with iOS and Android apps fully operational.

Preview favorite furniture in your room, search for products, and purchase instantly with Ideal House’s Furniture Try-on and Image Search features—all in one seamless experience.
Preview favorite furniture in your room, search for products, and purchase instantly with Ideal House’s Furniture Try-on and Image Search features—all in one seamless experience.

PawSwing Unveils the World’s First Bionic Self-Grooming Cat House on Kickstarter

LOS ANGELES, Nov. 19, 2025 /PRNewswire/ — On November 18, PawSwing, a technology-driven company dedicated to providing high-quality, innovative pet care solutions, launched the PawSwing Neo Self-Grooming Cat House on Kickstarter. It is the world’s first bionic-based, fully automated cat-grooming system. Designed to replicate the natural licking sensation of a mother cat, this innovation removes up to 90% of loose fur in each session, transforming grooming from a stressful chore into an instinctive act of self-care for cats.

PawSwing Unveils the World’s First Bionic Self-Grooming Cat House on Kickstarter
PawSwing Unveils the World’s First Bionic Self-Grooming Cat House on Kickstarter

“Most cats dislike being brushed because traditional combs feel foreign or even painful to them,” said Andrew Tian, the CEO of PawSwing. “The sensation created by PawSwing, however, is something they instinctively recognize—a comforting, motherly lick.”

At the core of the PawSwing Neo lies the Bionic Cat-Tongue Grooming System, which features six flexible comb modules arranged in a circular formation. Each module is crafted to mirror the golden-ratio curvature and elasticity of feline tongue bristles. This design allows cats to receive a full-body grooming in just one minute as they pass through the ring. The system compresses the undercoat—typically 80% of total fur—before reaching the topcoat, ensuring thorough grooming from root to tip.

Unlike conventional grooming tools, the PawSwing Neo operates entirely without electricity. Powered by the cat’s own movement, the grooming wheel is activated by a kinetic plate made of food-grade silicone. As the cat enters and exits the house, the wheel rotates, collecting loose fur into dedicated boxes beneath each comb. These containers hold over a month’s worth of fur, significantly reducing the need for daily cleaning.

Beyond grooming, the PawSwing Neo integrates an Instinct-Driven Care System that aligns with feline behavior. A strategically placed food bowl encourages cats to enter the house, creating a “pleasure-reward” loop: eat, enjoy grooming, and return willingly. This approach not only promotes coat health but also provides mental stimulation. The cat house also features observation holes on both sides, allowing cats to monitor their surroundings from a secure, shaded space—an environment that supports their natural instincts as stealthy hunters. In addition, the outer structure incorporates scratching surfaces, ensuring the product addresses not only grooming and feeding but also the essential claw-sharpening behavior that supports stress release and joint health.

With its multi-functional design, the PawSwing Neo serves as a comprehensive feline wellness center, integrating grooming, feeding, claw care, and resting in one compact space. It reduces hair ingestion and the risk of digestive blockages caused by self-licking, particularly benefiting older cats, multi-cat households, or owners who face challenges brushing their pets regularly—whether due to mobility limitations, busy schedules, or frequent travel.

To celebrate its Kickstarter debut, PawSwing is offering an exclusive Kickstarter perk: the PawSwing Neo is available at a super early-bird price of $179 for the first 300 confirmed orders.  This special rate, 40% off the regular retail price of $289, is the lowest price that will ever be offered for the PawSwing Neo and will not be repeated in the future. Additionally, early backers will be entered into a random draw to win high-value prizes, including the Litter Robot 5 (valued at $799) and other premium rewards.

About PawSwing

PawSwing is a pet care innovation company founded by Andrew Tian, a robotics expert inspired by a personal journey with his rescue cat, Orange. Combining advanced engineering with deep empathy for animals, PawSwing develops intelligent grooming solutions that align with feline instincts. The brand is dedicated to enhancing pet well-being through science-backed design, offering products that foster comfort, health, and trust between pets and their humans. PawSwing stands for meaningful innovation born from real-life connection.

For more information, please visit www.paw-swing.com or download PawSwing’s press kit.

 

Amcor Lift-Off to accelerate more sustainable packaging innovation with Winter 2025/26 Challenge

ZURICH, Nov. 19, 2025 /PRNewswire/ — Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today the launch of the Amcor Lift-Off Winter 2025/26 Challenge. The initiative invites start-ups worldwide to collaborate on breakthrough solutions for more sustainable packaging, reflecting Amcor’s commitment to open innovation and advancing circularity.

The Amcor Lift-Off Winter 2025/26 Challenge will focus on critical research and development priorities for flexible and paper-based packaging.
The Amcor Lift-Off Winter 2025/26 Challenge will focus on critical research and development priorities for flexible and paper-based packaging.

Building on the success of previous Amcor Lift-Off editions that have fostered partnerships and investments with pioneering companies in areas such as artificial intelligence-powered waste analytics, reusable packaging and bio-based materials, the Amcor Lift-Off Winter 2025/26 Challenge will focus on critical research and development priorities for flexible and paper-based packaging. Start-ups are encouraged to submit solutions that address one of three key areas:

  • Home-compostable adhesives: Certified home-compostable adhesives for flexible packaging providing robust bond strength, regulatory compliance and compatibility with paper and compostable substrates.
  • High-performance compostable oxygen transmission rate (OTR) barriers: Solutions delivering outstanding OTR protection for paper packaging that are suitable for application via dispersion coating and meet stringent sustainability and regulatory standards.
  • Nature-based barrier additives for film formulation: Compostable additives that significantly enhance oxygen, moisture and grease resistance in packaging films, preferably derived from natural products and scalable for commercial use.

The Amcor Lift-Off Winter 2025/26 challenge will proceed in three phases:

  • Applications: Open online until Dec. 12, 2025 (23:59 CET)
  • Screening and feedback: Through Dec. 19, 2025
  • Pitching day: Jan. 13, 2026 (virtual)

Incorporated companies with a Technology Readiness Level (TRL) above five are encouraged to apply, regardless of prior funding history. Selected start-ups will be invited to present their technologies to Amcor’s R&D team, for the chance to secure opportunities for joint development and potential investment of up to $500,000.

“As a global leader in packaging, we are proud to champion circularity through innovative and more sustainable solutions,” said Frank Lehmann, Vice President Corporate Venturing and Open Innovation at Amcor. “The Lift-Off initiative has delivered outstanding results, and we are eager to carry this success forward. With the launch of our new initiative, we reaffirm Amcor’s dedication to advancing circularity and environmental responsibility through collaboration with the brightest minds in the start-up ecosystem.”

For more information about Amcor Lift-Off and the Winter 2025/26 Challenge, or to submit your start-up’s free-of-charge application, visit Amcor Ventures.

About Amcor

Amcor is the global leader in developing and producing responsible consumer packaging and dispensing solutions across a variety of materials for nutrition, health, beauty and wellness categories. Our global product innovation and sustainability expertise enables us to solve packaging challenges around the world every day, producing a range of flexible packaging, rigid packaging, cartons and closures that are more sustainable, functional and appealing for our customers and their consumers. We are guided by our purpose of elevating customers, shaping lives and protecting the future. Supported by a commitment to safety, over 75,000 people generate $23 billion in annualized sales from operations that span over 400 locations in more than 40 countries. NYSE: AMCR; ASX: AMC

www.amcor.com | LinkedIn | YouTube 

 

LATIN AMERICA’S 50 BEST RESTAURANTS REVEALS THE EXTENDED 51-100 LIST FOR 2025

LONDON, Nov. 18, 2025 /PRNewswire/ — Latin America’s 50 Best Restaurants today presents its extended list of establishments ranked from No.51 to No.100, celebrating the region’s vibrant and diverse culinary landscape. Compiled from the votes of 300 industry experts, this list features restaurants from 26 cities, highlighting gastronomic excellence. It precedes the prestigious awards ceremony for Latin America’s 50 Best Restaurants 2025, sponsored by S.Pellegrino & Acqua Panna, which will take place on 2 December in Antigua, Guatemala.

LATIN AMERICA'S 50 BEST RESTAURANTS REVEALS THE EXTENDED 51-100 LIST FOR 2025
LATIN AMERICA’S 50 BEST RESTAURANTS REVEALS THE EXTENDED 51-100 LIST FOR 2025

For the full 51-100 list, click here.

This year’s ranking features 13 new restaurants from 11 cities, with Shizen in Lima making its debut at No.62. São Paulo leads with six restaurants on the extended list, a notable increase from 2024, including five returning establishments and new entry Cepa (No.73). Buenos Aires, Mexico City, Panama City and Santiago each contribute four entries. Mexico City maintains the No.51 position, now represented by Pujol, closely followed by Salvador’s Origem at No.52.

Other notable new entries include Umi (No.72) and Caleta (No.91) in Panama City; Oseille (No.65) in Rio de Janeiro; Em (No.71) in Mexico City; La Casa Bistró (No.89) in Caracas; Selma (No.96) in Bogotá and Fukasawa (No.100) in Santiago. El Papagayo in Córdoba also re-enters the list at No.78. Ana (No.94) from Guatemala City makes its first appearance and secures the American Express One To Watch Award, while Aguají (No.88) in Sosúa enters under Chef Inés Páez Nin (Chef Tita), winner of the Champions of Change Award 2025.

William Drew, Director of Content for Latin America’s 50 Best Restaurants, comments: “It is with immense pleasure that we unveil the list of restaurants ranked from No.51 to No.100 in Latin America for 2025. This extended list is fundamental to 50 Best’s commitment to celebrating the breadth of remarkable talent and serves as a fantastic platform to spotlight more incredible destinations across Latin America, as the appetite for food-focused travel continues its impressive growth.”

The establishments recognised on the extended 51-100 list will be celebrated at the awards ceremony for Latin America’s 50 Best Restaurants 2025. The event will be livestreamed on the 50 Best YouTube channel here at 20:00 Guatemala time on 2 December 2025.

Media Centre: https://mediacentre.theworlds50best.com/

 

Dubai sets the benchmark for next-generation financial cities, outpacing established centres: DIFC report

DUBAI, UAE, Nov. 18, 2025 /PRNewswire/ — DIFC, the leading global financial centre in the Middle East, Africa and South Asia region, explores the rising competitiveness of emerging financial cities as traditional financial centres face mounting pressures, in the sixth edition in its flagship Future of Finance report series.

DIFC
DIFC

Launched in collaboration with DIFC’s research partner Asia House, this edition outlines how emerging cities are outpacing traditional financial centres like New York, London, and Hong Kong by leveraging innovative models to attract global capital, talent, and businesses.

Emphasising the rise of next-generation financial cities like Dubai, Miami, Milan, São Paulo and Shenzhen, it highlights the shifting dynamics of global finance. These cities were selected based on their rising positions across global indices like the Global Financial Centres Index (GFCI) and other complementary indices like the Global Power City Index, IMD Smart City Index and Julius Baer Wealth and Lifestyle Report – that collectively offer a comprehensive view of development.

The report identifies four key qualities that underpin the competitiveness of financial hubs: talent, financial infrastructure and adaptability, regulation and governance, and connectivity. It underscores that leadership in the future of finance will depend on how well cities integrate these qualities to create dynamic ecosystems that foster innovation, attract investment, and sustain global competitiveness.

His Excellency Arif Amiri, Chief Executive Officer, DIFC Authority, said: “Emerging financial centres are strategically employing adaptability, comprehensive reform, and innovative approaches to outpace established global hubs. Dubai differentiates itself with unique attributes that outpace other financial centres. On the legal and regulatory front, emerging hubs such as Dubai, through DIFC, have adopted Common Law framework and introduced tailored financial market regulations.”

The report’s findings were complemented by exclusive interviews with leading industry experts: Professor Michael Mainelli KStJ OMRI FCCA FCSI (Hon) FBCS, Chairman of Z/Yen Group and President of London Chamber of Commerce & Industry, Dr. Jochen Biedermann, Managing Director, World Alliance of International Financial Centers, and Wolfgang Engel, General Manager and Chief Representative, Institute of International Finance, Middle East & Africa.

Dubai stands out among emerging financial hubs with its ‘broad and deep capabilities’, legal and regulatory clarity, tax efficiency, modern infrastructure, and lifestyle appeal. Supported by DIFC’s initiatives, Dubai has integrated its strengths into a coherent and competitive financial services ecosystem, setting the benchmark for next-generation financial cities.

Report link.

 

Top Ruko Toys on Black Friday Sale: Spark Creativity and Fun This Christmas

HONG KONG, Nov. 18, 2025 /PRNewswire/ — As the twinkling lights start to glow and holiday wishlists grow longer, parents everywhere are on the hunt for gifts that bring both laughter and learning. This Black Friday, Ruko is here to make that search a little more magical — with toys that turn ordinary playtime into moments of imagination, creativity, and connection.

Ruko Holiday Funhouse
Ruko Holiday Funhouse

Picture this: It’s a chilly December afternoon. The tree is up, cookies are baking, and your child’s eyes light up as the Ruko 1088 Robot dances to Christmas tunes. Standing an impressive 15.8 inches tall, this robot doesn’t just move — it can dance, perform, and be programmed for up to 200 custom routines, keeping kids engaged through every command. For parents, it’s more than a toy; it’s a spark for curiosity and problem-solving disguised as festive fun.

In another corner of the room, the Ruko 6088 Robot reacts to hand gestures with its gesture-sensing controls and animated facial expressions. Its Q&A games make learning interactive and fun, keeping curious minds engaged long after the wrapping paper’s gone.

And then, there’s the Ruko 18011 Robot Dog, with its expressive LED face and playful reactions that bring it to life. It’s ready for fun with 50 programmable actions and a stable 2.4GHz remote, keeping kids laughing while they explore STEM-inspired play — the perfect mix of heart and tech.

Of course, no Christmas adventure is complete without a little action. Enter the Ruko 8809 Robot Dinosaur — roaring, moving, and even firing soft foam darts in friendly challenges that make the living room come alive. It’s bold, safe, and irresistibly fun — a favorite among kids who love excitement.

As the night winds down, the family gathers around the Ruko 1701 Music Kitten, tapping out cheerful melodies. Its playful chord modes invite everyone — kids, teens, even grandparents — to join in. It’s a reminder that joy, like music, knows no age.

From robots that dance to kittens that sing, Ruko’s Black Friday lineup brings a world of creativity and connection right to your home. These are gifts that go beyond the season — they inspire laughter, learning, and memories that last long after the snow melts.

So this Black Friday, make that picture come true — fill your home with STEM-programmable dancing robots, a playful robot dinosaur, and musical kittens. With Ruko, every gift is a little spark of joy that brings imagination to life.

Media Contact: 
pr@rukotoy.com 

Battlefield Navigation Breakthrough: UNIBIRD Launches the $399 N200 VIO Navigation Module for GPS-Denied Drone Operations

DUBAI, UAE, Nov. 18, 2025 /PRNewswire/ — UNIBIRD has launched the N200 VIO Navigation Module, a groundbreaking solution that enables drones to navigate and self-localize using AI vision. This capability not only allows operation in GPS-denied environments but also makes drones immune to GPS jamming and spoofing.


Priced under $399—just one-twentieth the cost of traditional fiber-optic inertial systems—the N200 continuous positioning accuracy with an error marginas low as 2% and offers Plug-and-Play compatibility with PX4, representing a major leap in battlefield navigation and precision-strike capabilities. No pre-installed satellite maps are required

The N200 visual navigation module outperforms solutions from Red Cat and Palantir, delivering 656 feet of operational altitude (4×their 150-feet limit), a maximum speed of 44.7 mph (3× their 16 mph cap), and superior 2-8% dynamic accuracy. Priced at $399 and now in mass production, it provides high-performance navigation for GPS-denied environments.

On modern battlefields, Traditional GPS navigation is disabled by electronic warfare, causing drones to lose control or crash—responsible for up to 75% of drone losses and reducing mission success rates to as low as 10%.

Among the available options, fiber-optic tethered links pose two main drawbacks: first, their fragile cables lead to a high failure rate; second, the fiber spool adds roughly 3 kg of extra payload. Fiber-optic inertial navigation systems, while accurate, can cost close to $10,000, making them unsuitable for large-scale, cost-sensitive drone operations.

By fusing camera and IMU data with a laser range sensor, N200 achieves precise, stable positioning through a tightly coupled optimization framework. Enhanced algorithms with adaptive feature tracking ensure stable performance even in low-texture environments or at high speeds—supporting cruise velocities of 15–20 m/s and attack speeds up to 25 m/s.

Designed for rapid deployment, the N200 connects directly to PX4 flight controllers and requires only minor PID tuning. System integration can be completed in minutes. With only 28 ms latency and 2% accuracy error, enabling reliable GPS-free navigation.

Headquartered in Dubai, UNIBIRD.ai integrates Asia-Pacific R&D and manufacturing strengths to deliver advanced, affordable AI modules for drones, offering onboard solutions for navigation, target recognition, tracking, and precision engagement.

Now available for bulk orders, the UNIBIRD N200 VIO Navigation Module redefines cost-effective precision navigation, enables drones to navigate and fly with precision in GPS-denied environments.

For more information, please visit https://www.unibird.ai and Tiktok, Twitter, Facebook, YouTube.