Chinese startup Manus AI, which works on building tools related to AI agents, has picked up $75 million in a funding round led by Benchmark at a roughly $500 million valuation, according to Bloomberg.
The company will use the money to expand to new markets, including the U.S., Japan, and the Middle East, Bloomberg noted, citing people familiar with the matter.
Bloomberg’s report suggests that the fresh round has quintupled the valuation of Manus, which previously raised somewhere north of $10 million from backers including Tencent and HSG (formerly Sequoia China).
