AI-powered marketing platform Nectar Social announced Thursday that it raised a $30 million Series A round led by Menlo Ventures and its Anthology Fund, which was created alongside Anthropic.
The coffee giant is shuttering roughly 400 locations nationwide, concentrated in major cities, as part of CEO Brian Niccol’s $1 billion restructuring plan.
Marcus Viscidi discusses how emerging brands grow outside their four walls, why connection beats convenience and how the right event can change a business.
A number of investors are competing for the opportunity to purchase the app, and if a deal were to go through, the platform’s U.S. business could have its valuation soar to upward of $60 billion.
Meta says it’ll keep Manus running independently while weaving its agents into Facebook, Instagram, and WhatsApp, where Meta’s own chatbot, Meta AI, is already available to users.