Quartz·2 min read·medium
Manus raised $500 million in its first funding round since China blocked Meta's acquisition
✦AI Summary
Manus has secured $500 million in a new funding round led by Boyu Capital and IDG Capital. This marks the company's first major capital injection since the collapse of its acquisition by Meta due to regulatory intervention in China.
Why it matters
The funding demonstrates continued investor interest in the company despite significant geopolitical and regulatory hurdles.
Boyu Capital and IDG Capital led the round,…
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