Manus raises over $500 million in its first funding round since its split with Meta
Summary
Chinese AI agent developer Manus has raised over $500 million in its first funding round since its split with Meta, after Beijing forced Meta to unwind its roughly $2 billion acquisition of the startup. Boyu Capital and IDG Capital led the round, and existing shareholders Tencent, HSG (formerly known as Sequoia China), ZhenFund and others also participated, TechCrunch reports.
Latest: Manus raised over $500 million in a round led by Boyu Capital and IDG Capital, its first since Beijing forced Meta to unwind its roughly $2 billion acquisition.
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How it unfolded
Thursday 8 October
Manus raised over $500 million in a round led by Boyu Capital and IDG Capital, its first since Beijing forced Meta to unwind its roughly $2 billion acquisition.