Lazarte has only been at Benchmark for two years. He backed startups like Mercor, HeyGen, and Decart AI.

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 […]

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, […]