InvestmentJun 3, 2026, 04:17 PM
TaoWeave Invests $1M in Manako Labs for North American AI Rights
AI Summary
TaoWeave, Inc. announced a strategic expansion into the Physical AI market through a $1 million equity investment in Manako Labs Ltd. and a preferred North American commercialization partnership. This marks TaoWeave's first operating investment in AI, shifting its strategy beyond digital asset treasury activities to enterprise AI deployment and recurring operating revenue. The agreement grants TaoWeave commercialization rights for Manako's Score AI computer vision platform in the US and Canada, with revenue sharing and potential for joint AI infrastructure development.
Key Highlights
- TaoWeave made a $1,000,000 equity investment in Manako Labs via a SAFE agreement.
- TaoWeave secured a non-exclusive license for Manako's Score AI computer vision platform in the US and Canada.
- TaoWeave will pay Manako a portion of net revenue (25%) from Platform customers in the Territory.
- Manako will pay TaoWeave referral fees for certain customer agreements and market development fees.
- TaoWeave issued warrants to Manako to purchase up to 100,000 shares at $3.41 per share.
- Additional warrants for up to 200,000 shares may be issued to Manako upon joint subnet development milestones.
- The Technology License and Distribution Agreement has an initial term of one year with automatic renewals.
- Manako's beneficial ownership from warrant exercise is capped at 9.99% of TaoWeave's common stock.
Price Impact
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