Chinese AI Startup Manus AI Secures $75 Million Funding
Manus AI, a Chinese artificial intelligence startup backed by Butterfly Effect, has secured a $75 million funding round led by prominent US venture capital firm Benchmark. The investment has valued Manus AI at approximately $500 million, representing a significant quintupling of its previous valuation.
The funding round, which also saw participation from existing investors, will enable Butterfly Effect, the company behind Manus AI, to expand its services into new markets, including the United States, Japan, and the Middle East. According to sources familiar with the matter, the capital injection will support the development and deployment of Manus AI’s artificial intelligence agents designed to automate everyday tasks.
Manus AI’s technology focuses on creating AI agents capable of replacing routine tasks, potentially transforming various industries through increased automation and efficiency. The company’s ambitious plans and innovative approach have attracted significant interest from major investors like Benchmark, highlighting the growing confidence in AI solutions and their potential for widespread adoption.
With this new funding, Manus AI is poised to accelerate its global expansion and further develop its AI capabilities. The company’s progress is being closely watched by industry observers, as it represents one of the significant advancements in AI technology coming from China and gaining traction in international markets.
