The round drew participation from existing backers including Tencent, HSG, and ZhenFund. While the startup declined to officially confirm its valuation, recent reports suggest the company sought the $500 million injection at a $4 billion valuation. This capital infusion follows a turbulent year for the firm, which relocated its staff to Singapore before being ordered by Chinese authorities in April to unwind the Meta deal due to concerns over the outflow of domestic technical talent.
Since resuming independent operations in August, the lab has pivoted toward aggressive growth, including plans to expand its workforce globally and a potential initial public offering in Hong Kong. The company is currently scaling its product line, recently debuting Manus 2.0 and a standalone application called Cue. The latter provides AI agents with unique digital identities, including email addresses and wallets, enabling them to execute tasks and handle payments across external services.
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