Manus Plans USD 500 Million Raise at USD 4 Billion Valuation

Manus, an artificial intelligence company founded in China and later relocated to Singapore, develops AI agents capable of completing tasks autonomously with minimal human intervention. In September 2026, Manus plans to complete a USD 500 million funding round at a target valuation of USD 4 billion, double its previous valuation. The identity of the new investors is not yet known.

Manus's existing investors include Tencent Holdings, HSG (formerly Sequoia Capital China) and ZhenFund. In December 2025, Meta announced plans to acquire Manus for more than USD 2 billion; in April 2026, Chinese authorities halted the transaction. In June 2026, Meta and Manus completed an operational separation and stopped sharing data between the two companies. In July 2026, Tencent planned to join most of Manus's existing investors, including ZhenFund and HSG, in buying Manus back from Meta for no less than USD 2 billion. On September 1, 2026, Manus announced the resumption of independent operations, with the original founding team of Xiao Hong, Zhang Tao and Ji Yichao continuing to lead the company.