signalTechCrunch AI2026-09-19
Manus seeks $4B valuation in new $500M fundraise as it resumes independent ops
Chinese AI startup Manus is raising $500M at a $4B valuation from investors including IDG Capital, Boyu Capital, and CATL, plus existing backers Tencent, HSG, and ZhenFund, after Beijing blocked its $2B Meta acquisition over export control and foreign investment concerns. The company, which had over $100M annual recurring revenue, bought back shares at $2B valuation, resumed independent operations this month, and is restructuring for a Hong Kong IPO. Manus offers AI agents and vibe-coding tools for building apps, websites, designs, and video, similar to OpenAI, Lovable, and Replit.
- why now
- Manus raises $500M at $4B, prepping IPO - new market window.
- topic
- AI Funding & M&A
- source
- TechCrunch AI
#Manus#AI Agent
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