Chinese AI startup Manus is in discussions to raise $500 million at a $4 billion valuation now that it has resumed operations as an independent company, The Wall Street Journal reported.
Manus relocated its staff to Singapore in mid-2025 before announcing a $2 billion acquisition deal with Meta that December.
Intensifying worries in China over losing AI talent and researchers to the West culminated in Beijing blocking the deal.
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Chinese AI startup Manus is in discussions to raise $500 million at a $4 billion valuation now that it has resumed operations as an independent company.
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The article, shortened and in plain language
Chinese AI startup Manus is in discussions to raise $500 million at a $4 billion valuation now that it has resumed operations as an independent company, The Wall Street Journal reported.
Potential investors in the round include IDG Capital, Boyu Capital, battery maker Contemporary Amperex Technology, as well as existing backers Tencent, HSG and Zhenfund, the Journal reported. Manus is also said to be considering a restructuring exercise to prepare for an IPO in Hong Kong.
Manus relocated its staff to Singapore in mid-2025 before announcing a $2 billion acquisition deal with Meta that December. The startup was said to be pulling in annual recurring revenue of over $100 million at the time.
Intensifying worries in China over losing AI talent and researchers to the West culminated in Beijing blocking the deal.
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