The US is reviewing Benchmark’s investment into Chinese AI startup Manus  | TechCrunch

The US is reviewing Benchmark’s investment into Chinese AI startup Manus  | TechCrunch

Manus AI is one of the hottest AI agent startups around, recently raising $75 million at a half-billion dollar valuation in a round led by Benchmark.

But two unnamed sources told Semafor that the investment is now under review by the U.S. Treasury Department over its compliance with 2023 restrictions on investing in Chinese companies.

Benchmark’s lawyers cleared the investment because Manus isn’t technically developing its own AI models, but is instead a “wrapper” around…

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https://techcrunch.com/2025/05/09/the-us-is-reviewing-benchmarks-investment-into-chinese-ai-startup-manus/