AI Startup Manus Secures Over $500 Million After Meta Separation
By EC Assets · Published
AI startup Manus has completed a funding round exceeding $500 million. This development follows the firm's resumption of independent operations after unwinding its association with Meta. Butterfly Effect, Manus's parent company, announced the completion of this funding round on Thursday. Manus is an AI agent startup. The company has been in discussions with several investors, including IDG Capital, Boyu Capital, and battery maker CATL. These talks were based on a valuation of approximately $4 billion for the AI startup. This financing marks Manus's first funding round since its separation from Meta. The firm previously sought to raise $500 million. Manus also weighed a potential Hong Kong initial public offering. This article is intended for informational purposes only. It does not constitute investment advice.
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