Chinese Startup Manus AI Raises $75 Million to Expand Global Presence
Manus AI, the Chinese startup behind the innovative Manus platform, has successfully raised $75 million in a funding round led by US venture capital firm Benchmark, according to a report from Bloomberg on Friday. This new funding round has also seen participation from existing investors, boosting Manus AI’s valuation to nearly $500 million, marking a significant increase.
The company, which operates under the name Butterfly Effect, plans to use the new capital to expand its operations into several international markets, including the US, Japan, and the Middle East. This global expansion aims to strengthen Manus AI's presence and reach, capitalizing on the growing demand for AI-driven solutions.
Also read: Manus AI Agent Shifts to Paid Subscription
AI Agent Gains Attention
Manus AI recently garnered significant attention after unveiling its general-purpose AI agent in March. The AI agent is capable of performing a wide range of tasks, including resume screening, trip planning, and stock analysis. The company claims that the agent outperforms OpenAI's recently launched Deep Research tool on multiple key metrics, further highlighting Manus AI’s competitive edge in the AI market.
In addition to the recent funding boost, Manus AI has launched a subscription service, with prices starting at $39 per month. This new service allows users to access the company’s powerful AI tools, expanding its reach to a broader customer base and increasing its revenue potential.
Manus AI has already raised over $10 million in previous rounds, with backing from major investors including Tencent, ZhenFund, and HSG. These investments, along with the recent $75 million funding round, have positioned Manus AI as a key player in the rapidly growing AI industry.
