Tag: Manus
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US Treasury reviews Benchmark’s $75M investment in Chinese AI startup Manus
The U.S. Treasury Department is reviewing Benchmark’s recent investment in Manus, a Chinese AI startup. Manus raised $75 million in a funding round led by Benchmark. This deal values Manus at $500 million. The review concerns compliance with new U.S. restrictions on investments in Chinese technology companies. Investment Scrutiny Amid U.S. Regulations The 2023 investment…