Chinese AI Lab Manus Secures Over $500 Million in Funding After Split from Meta

Oct 8, 2026

AI Summary

Manus, an AI startup based in China, has raised more than $500 million in its first funding round since its acquisition deal with Meta was canceled. The funding was led by Boyu Capital and IDG Capital, with participation from existing shareholders, and the company plans to continue expanding its workforce.

Manus, the AI lab under parent company Butterfly Effect, raised over $500 million in funding. This is the first funding round since Meta's $2 billion acquisition attempt was halted by Chinese authorities.
The funding round was led by Boyu Capital and IDG Capital, with participation from Tencent, HSG, ZhenFund, and others.
Manus did not disclose its current valuation, but it was previously reported to be in discussions for a $4 billion valuation.
The company relocated its staff to Singapore in mid-2025 and went viral after demonstrating its AI agent last year.
In April, Chinese authorities ordered Manus to unwind its deal with Meta due to concerns about losing AI talent to the West.
Following the end of the Meta deal, Manus resumed independent operations and was required to delete some user data.
Manus is reportedly considering a public offering in Hong Kong.
The company offers AI products similar to those of Cursor, Lovable, and Replit, including chatbots and tools for app and website development.
Recently, Manus launched Manus 2.0, featuring new architecture and capabilities, and introduced Cue, an app that provides personal AI agents with their own email addresses and digital wallets.

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Chinese AI Lab Manus Secures Over $500 Million in Funding After Split from Meta

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