Manus Seeks $500 Million at $4 Billion Valuation After Split From Meta
Manus is in talks to raise $500 million at a $4 billion valuation after restarting as an independent company.
The talks were reported September 18, 2026, by TechCrunch. Possible investors include IDG Capital, Boyu Capital, Contemporary Amperex Technology, Tencent, HSG and Zhenfund. The company is also weighing a restructuring to prepare for an IPO in Hong Kong, a first sale of shares to public investors.
Manus moved its staff to Singapore in mid-2025. Meta announced a $2 billion deal to buy the company in December 2025. At that time, Manus had more than $100 million in annual recurring revenue, the yearly subscription income software firms use to measure steady business.
Beijing blocked the Meta deal, citing possible violations of export controls, rules on what technology can leave the country, and foreign investment rules. Manus ended the merger earlier in 2026. After the split, its early investors helped it buy back its shares at a valuation of about $2 billion.
In August 2026, Manus asked users to export and back up their data because it had to delete data created after the Meta acquisition to meet regulatory requirements in certain countries. In September 2026, Manus said it had resumed independent operations and that its founding team would keep leading the company.
The broader context here is operational as much as financial. For business customers and developers, the August deletion order matters more than the valuation headline. Forced deletion creates moving work, breaks the records teams use to test and improve AI models, and forces customers to rebuild history from their own backups. Any team looking at the platform will judge the new funding against that disruption and ask how customer data will be stored in different countries going forward.
In my view, the valuation path needs a careful read. Buying back shares at about $2 billion and then seeking funds at $4 billion sets a clear test. Manus will have to show its $100 million-plus subscription business can grow without Meta, with the same founders in charge but with systems and data flows rebuilt. The reported investor list, if it holds, points to backers comfortable with that kind of complexity. A Hong Kong listing would follow the same logic, placing the company where regulators and investors align.
Worth flagging is what this makes possible if it works. An independent maker of AI agents, software helpers that carry out tasks, with more than $100 million in yearly revenue and a base in Singapore, gives companies another supplier outside the big AI labs and cloud giants. That extra choice helps with purchasing, backup options, and bargaining on price and terms.
