Manus AI, a Chinese startup specializing in artificial intelligence tools, has successfully raised $75 million in its latest funding round led by Benchmark. This investment has the company currently valued at just around $500 million. That’s quite a leap from its former value of more than $10 million! Bloomberg covered the funding and valuation, emphasizing the speed at which Manus AI has progressed in the hyper-competitive AI landscape.
Manus AI’s original vision was to build mission-oriented general intelligence agents. Back in March, the company made waves by releasing a demo that demonstrated the capabilities of its generalist AI agent. Completing Lightning’s innovative AI agent can truly accomplish a wide swath of tasks. It highlights what’s possible, what’s exciting about this technology, and how it can play out in the real world. Following the positive response to the demo, Manus AI released paid subscription plans for users. These plans range from $39 to $199 per month, making their business model very robust.
This latest funding will give Manus AI the resources to further expand into new markets. They are specifically focused on the United States, Japan and the Middle East. This shrewd strategic play focuses on an enlarged corporate footprint. Most importantly, it will expand our footprint in strategic regions where demand for AI solutions is surging. Benchmark’s support provides crucial capital for Manus AI. It increases the company’s reliability in the international market.
Manus AI’s unique vision for building AI agents makes it one of the most promising newcomers in the booming tech start-up scene. The startup’s dedication to creating intuitive, accessible tools speaks to the team’s awareness of the market’s evolving needs and directions. As Manus AI builds and grows its product portfolio and customer base, they’re set up perfectly to capitalize on the next stage growth connected to the business.