Manus's first major round after the Meta split
China-based AI startup Manus has closed its first funding round since parting ways with Meta. The company raised more than $500 million in the round.
Who took part
Boyu Capital and IDG Capital led the round. Existing shareholders including Tencent, HSG (formerly Sequoia China) and ZhenFund also participated.
Why it matters
The round, which follows Manus's split from Meta, will be used to finance the company's independent growth plans. It signals that investor appetite for Chinese AI startups remains strong.
