Chinese startup Manus AI, which works on constructing instruments associated to AI brokers, has picked up $75 million in a funding spherical led by Benchmark at a roughly $500 million valuation, in accordance with Bloomberg.
The firm will use the cash to develop to new markets, together with the U.S., Japan, and the Middle East, Bloomberg famous, citing individuals conversant in the matter.
Bloomberg’s report means that the recent spherical has quintupled the valuation of Manus, which beforehand raised someplace north of $10 million from backers together with Tencent and HSG (previously Sequoia China).
Manus got here into the highlight in March when the corporate launched a demo of a basic AI agent that might full varied duties. (In TechCrunch’s testing, it didn’t work fairly in addition to marketed.) The firm later launched paid subscription plans costing between $39 monthly and $199 monthly.
