China’s Manus raises over $500M in first funding round since split with Meta
techcrunch.comKate Park
China's Manus secures over $500 million in funding led by Boyu Capital and IDG Capital, with participation from existing investors including Tencent and HSG. This marks the company's first major funding round following its separation from Meta.
Why it mattersThe funding signals strong investor confidence in Chinese AI companies independent of Western tech giants, and provides Manus capital to develop competing AI capabilities in a key market increasingly focused on self-sufficiency.
From the source: Boyu Capital and IDG Capital led the funding round, and existing shareholders Tencent, HSG (formerly known as Sequoia China), ZhenFund, and others also participated.Read at techcrunch.com