Manus seeks $4B valuation in new $500M fundraise as it resumes independent ops
Manus is trying to reprice itself after Beijing blocked its Meta deal and forced a separation.
The reported round would raise $500 million and put the company at $4 billion, with investors including IDG Capital, Boyu Capital, CATL, Tencent, HSG, and Zhenfund. Manus is also said to be weighing a restructuring ahead of a possible Hong Kong IPO. Its backers reportedly helped buy back shares from Meta at about a $2 billion valuation as the company untangled itself from the failed acquisition. Manus said this month that it has resumed independent operations under its founding team. TechCrunch AI's note
The reported round would raise $500 million and put the company at $4 billion, with investors including IDG Capital, Boyu Capital, CATL, Tencent, HSG, and Zhenfund. Manus is also said to be weighing a restructuring ahead of a possible Hong Kong IPO. Its backers reportedly helped buy back shares from Meta at about a $2 billion valuation as the company untangled itself from the failed acquisition. Manus said this month that it has resumed independent operations under its founding team. TechCrunch AI's note
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