other material
confidence high
sentiment positive
materiality 0.75
TaoWeave invests $1M in Manako Labs, gains North American commercialization rights for Physical AI platform
TaoWeave, Inc.
- TaoWeave invested $1M via SAFE in Manako Labs, gaining exclusive North American rights to Score AI platform on Bittensor Subnet 44.
- TWAV to issue up to 300,000 warrants at exercise prices of $3.41, $4.50, and $5.50; registration statement for resale due within 180 days.
- Warrants subject to 6-month lock-up then 24-month restrictions: volume cap at 10% of avg daily volume, price floor at 120% of exercise price.
- Revenue sharing: TWAV pays Manako portion of net revenue from customer agreements; referral and market development fees for direct deals.
- Physical AI market estimated at $82B in 2025, approaching $1T by 2033; deal marks TWAV's first operating AI investment.