📝 Manus raises $75M

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News of the Day

Chinese AI startup Manus has raised $75 million in a round led by Benchmark, valuing the company at around $500 million—five times its previous valuation. Known for its AI agent tools, Manus gained attention in March with a general-purpose agent demo (though early tests found it underwhelming) and now offers subscriptions priced from $39 to $199/month. Backed by Tencent and HSG, the startup plans to use the new funds to expand into the U.S., Japan, and the Middle East.

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Chart of the Day

Take From the Rich, Give to the People, Big Data’s Robinhood

Big tech uses our data to pad their pockets. Facebook alone makes $42B a year. But modern-day Robinhood, $MODE, allows everyone to share in the profits. 45M+ users and $60M+ in revenue later, Mode prepares for an IPO.

*An intent to IPO is no guarantee that an actual IPO will occur. Please read the offering circular and related risks at invest.modemobile.com.
*The Deloitte rankings are based on submitted applications and public company database research.

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