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Manus is set to soon close a $500M funding round at a $4B valuation, signaling growing confidence after Beijing unwound its $2B buyout by Meta

Chinese-founded AI startup Manus is set to double its valuation to $4 billion in its first fundraising since Beijing ordered it to split …

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Manus is set to soon close a $500M funding round at a $4B valuation, signaling growing confidence after Beijing unwound its $2B buyout by Meta

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Bloomberg — Manus is set to soon close a $500M funding round at a $4B valuation, signaling growing confidence after Beijing unwound its $2B buyout by Meta ↗

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Sep 17Sep 18

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CNBC: Manus' parent company Butterfly Effect raised $500M+, led by Boyu Capital and IDG, in its first funding since Beijing forced Meta to unwind its $2B acquisition

The Information: Manus says it will "soon return to operating as an independent company", implying it is close to reversing its acquisition by Meta, after China's order in April

Financial Times: China plans to soon lift a travel ban on Manus founders as the company unwinds its $2B acquisition by Meta; CEO Xiao Hong plans to return to Singapore

TechCrunch: Mach Industries, which makes unmanned military vehicles and weapons, raised $600M in an extension to its $300M Series C, doubling its valuation to $3.7B

The Information: Mira Murati's Thinking Machines Lab is in talks to raise $1B+ at a $40B+ pre-money valuation, lower than the $50B+ valuation it sought last year

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