TaoWeave expands into physical AI with investment in Manako Labs

US firm TaoWeave has announced its entry into the emerging physical AI market through an investment in UK-based Manako Labs and a preferred North American commercialization partnership.

The transaction marks TaoWeave’s first operating investment in AI and expands TaoWeave’s strategy beyond digital asset treasury activities into enterprise AI deployment, commercialization and recurring operating revenue, according to a media release.

Under the agreements, TaoWeave has invested USD 1 million in Manako and will earn revenue generated through licensing agreements.

“Our experience in the Bittensor ecosystem has given us a unique perspective on where artificial intelligence is creating real world value,” said Pete Holst, Chief Executive Officer of TaoWeave. “Physical AI is one of the most compelling opportunities emerging in artificial intelligence. As we spent time with the Manako team, it became clear that they had built something special. The quality of the team, strength of the platform, and the size of the opportunity made this a natural partnership for TaoWeave.”

“TaoWeave understood very early that the future of AI extends beyond software and into real-world businesses,” said Max Sebti, Chief Executive Officer of Manako Labs. “That’s why physical AI is becoming such an important part of enterprise AI. TaoWeave is an ideal commercialization partner to accelerate our expansion in North America, the world’s largest market for AI adoption.”

TaoWeave entered the Bittensor ecosystem to gain exposure to emerging AI technologies. The company subsequently identified a larger opportunity in owning, operating, and commercializing AI businesses, the media release said.