Skip to main content
WireRead
Back to all news

Meta

Manus raises more than $500 million after Meta deal cancelled

The AI agent start-up secured the funding in a round led by Boyu Capital and IDG Capital, following the collapse of Meta's acquisition.

By , Editor-in-Chief · WireReadVerified October 2026

The answer

Manus raised over $500 million after Chinese authorities blocked Meta's acquisition of the start-up.

AI agent start-up Manus has raised more than $500 million, according to a Reuters report dated 8 October, after Meta's acquisition of the company was cancelled.

Reuters said the round was led by Boyu Capital and IDG Capital. Existing investors Tencent, HSG and ZhenFund also took part.

Manus was founded in China and later based in Singapore.

The funding follows the cancellation of Meta's planned acquisition of Manus. The deal was valued at more than $2 billion. Chinese authorities blocked it.

Reuters reports that Manus's annualized revenue had previously reached about $400 million to $500 million.

The details here come from a secondary summary of the Reuters report published on 9 October. The original Reuters article was not read directly for this report, and the figures have not been independently confirmed.

The notes available do not say how Manus plans to use the funds. They also do not say whether Meta or Manus has commented on the cancelled deal.

Sources

← All news