Manus plans to raise 500 million USD, with a valuation doubling to 4 billion USD

According to Bloomberg, the AI startup Manus founded in China plans to complete approximately $500 million in financing, with its valuation expected to double to $4 billion. This is the company's first round of financing since Beijing requested it to split from Meta Platforms, and the related transaction is expected to be completed soon.

Insiders say that negotiations are still ongoing, and the terms of the deal may change. After this round of financing is completed, Manus, a pioneer in the field of agent AI, will become the highest-valued startup in this sector in China. Existing investors include Tencent, HSG, and ZhenFund. Representatives from Manus, Tencent, HSG, and ZhenFund declined to comment.