China's Manus raises more than $500 million in its first funding round since splitting from Meta (report)

What happened

According to TechCrunch, AI agent company Manus raised more than $500 million in its first funding round after splitting from Meta. The round was led by Boyu Capital and IDG Capital, with participation from existing shareholders including Tencent, HSG (formerly Sequoia China) and ZhenFund. The valuation does not appear in the collected excerpt.

Why it matters

Money from major Chinese investors and Tencent still flowed in after the split from Meta, showing that investor demand for general-purpose agent companies remains strong. Together with Nous Research's Series B, reported the same day, it continues the trend of capital concentrating in the agent space.

Sources

• Press China’s Manus raises over $500M in first funding round since split with Meta TechCrunch