Manus Raises $500M for AI Agents After Beijing Blocks $2B Meta Deal

AI agent startup Manus raised more than $500M in a new funding round led by private equity firm Boyu Capital and IDG Capital. The massive capital injection arrives after Chinese regulators stepped in to block Meta's $2B acquisition of the company. Bloomberg reported last month that this specific financing event was positioned to double the startup's valuation to $4B. Operating independently, Manus recently launched Cue, a standalone app that issues individual AI agents their own email addresses, phone numbers, and mobile wallets. "The fundraising shows that the short-term fallout of the Meta case has been contained and investors are willing to back Manus as an independent company." — Dan Wang