Manus to reportedly raise funds at $4bn valuation after failed Meta deal
The agentic AI startup is seeking fresh capital after Beijing forced its Meta deal to unwind, and existing backers are expected to join again.
- Chinese AI startup Manus is reportedly seeking $500 million in a new funding round at a $4 billion valuation, marking its first major financing since Beijing ordered it to split from Meta Platforms.
- Beijing authorities blocked the $2 billion Meta acquisition earlier this year, citing concerns over tech export controls and potential loss of AI talent to the West. The deal was unwound in May.
- Existing backers including Tencent Holdings helped the startup buy back shares from Meta at the original $2 billion valuation. Tencent is now the largest external shareholder.
- Resuming independent operations this month, Manus' founding team continues developing generative AI agents for global users. The company recently notified users to back up data following the mandatory separation.
- With a $4 billion valuation, Manus could join Moonshot in pursuing a public listing in Hong Kong. However, the firm faces competitive pressure from foundation models like Anthropic PBC's Claude.
12 Articles
12 Articles
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.
Manus to reportedly raise funds at $4bn valuation after failed Meta deal
Manus went back to being an independent business in September after China blocked Meta's acquisition of the start-up. Read more: Manus to reportedly raise funds at $4bn valuation after failed Meta deal
Manus Eyes $4 Billion Value in First Round Since Meta Breakup
Chinese-founded AI startup Manus is set to double its valuation to $4 billion in its first fundraising since Beijing ordered it to split from Meta Platforms Inc., charting a path to a fresh start after getting caught up in a geopolitical tussle.
Chinese artificial intelligence startup Manus negotiates a new round of $500 million with a valuation of $4 billion, after Chinese authorities blocked their agreement with Meta and the company resumed its independent operations.
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