AI | Fundraising | Startups
Manus seeks $4B valuation in new $500M fundraise as it resumes independent ops
Manus, which earlier this year had to break off a merger with Meta, is in discussions to raise $500M at a $4B valuation.
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AI | Fundraising | Startups
China’s Manus raises over $500M in first funding round since split with Meta
Boyu Capital and IDG Capital led the funding round, and existing shareholders Tencent, HSG (formerly known as Sequoia China), ZhenFund, and others also participated.
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The least surprising chapter of the Manus story is what’s happening right now
Did anyone think there would not be a reckoning over this tie-up?
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China blocks Meta’s $2B Manus deal after months-long probe
China has ordered Meta to unwind its multibillion-dollar Manus acquisition, dealing a potential setback to Zuckerberg’s push into AI agents.
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Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand
This is the most concrete step yet toward complying with a divestiture order Beijing issued roughly two months ago on national security grounds.
