According to Bloomberg, Manus founders are considering a roughly $1 billion fundraising to unwind Meta’s acquisition, after Beijing reportedly requested the deal be reversed and as new ownership structures are explored.
Manus founders are reportedly exploring a roughly $1 billion fundraising to buy back the Chinese-founded agentic AI business at a valuation of no less than Meta’s original $2 billion acquisition price. Bloomberg reported that Beijing asked for the deal to be unwound. The founders are also said to be considering forming a China joint venture with new investors and could later pursue a Hong Kong listing. These developments add specific geopolitical and ownership details to the previously reported effort to reverse Meta’s acquisition.