Manus seeks $4B valuation in new $500M fundraise as it resumes independent ops
Chinese AI startup Manus is raising $500 million at a $4 billion valuation after Beijing blocked its planned $2 billion Meta acquisition.
Manus, the AI agent startup that went viral in 2024, is reportedly raising $500 million at a $4 billion valuation per The Wall Street Journal, with potential investors including IDG Capital, Boyu Capital, CATL, Tencent, HSG and Zhenfund. The company resumed independent operations after Beijing blocked its December acquisition by Meta, citing export control and foreign investment concerns, and early backers helped buy back shares at roughly $2 billion. Manus generated over $100 million in annual recurring revenue at the time of the Meta deal, relocated staff to Singapore in mid-2025, and is weighing a restructuring ahead of a potential Hong Kong IPO.
- Raising $500 million at a $4 billion valuation per WSJ-sourced report
- Meta's $2 billion acquisition was blocked by Beijing over export control concerns
- Backers bought out Meta's stake at about $2 billion; Hong Kong IPO considered
- Offers agent, chatbot, and vibe-coding products rivaling OpenAI, Lovable, Replit
- Products
- Manus AI agent
From the original article
2 min read at techcrunch.com
Manus, which earlier this year had to break off a merger with Meta, is in discussions to raise $500M at a $4B valuation.
By Ram Iyer · techcrunch.com
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