AI agent startup Manus raises over $500 million in first round since Meta deal blocked

Manus, an AI agent startup, raised more than $500 million in a funding round led by Boyu Capital and IDG Capital, with follow-on investment from Tencent, HSG and ZhenFund.

The company did not disclose its post-funding valuation, though Bloomberg reported last month it was set to double to $4 billion. The round follows Beijing's order blocking Meta's roughly $2 billion acquisition of Manus.