Founder · Manus

Xiao Hong

Co-founder & CEO of Manus, an ai agents company based in Singapore.

Co-founder · CEOSingaporeAI Agents
Founded
2025
Singapore
Raised to date
$500M
1 round on record
Latest round
Growth round
$500M · October 2026

About

Xiao Hong is Co-founder & CEO of Manus, an ai agents company based in Singapore, founded in 2025. Manus's most recent disclosed round was a Growth round of $500M in October 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2025
Manus
AI Agents · Singapore · Active

Manus is a general-purpose AI agent that carries out multi-step tasks on a user's behalf, built by Butterfly Effect, a company developed in China that moved its staff and headquarters to Singapore in mid-2025 after raising money from US investors. Launched in early 2025, it went viral after a demo and reached about $100 million in annualised revenue within roughly eight months, with revenue reported at $400 million to $500 million by June 2026. Meta agreed to acquire it for a reported $2 billion-plus in December 2025, but China's National Development and Reform Commission prohibited foreign in

Funding
October 2026Growth round$500MBoyu Capital (co-lead), IDG Capital (co-lead), Tencent, HSG, ZhenFund
Company profile →1 round on record

Journey with Manus

5 milestones
  1. 2025Milestone

    Moves its staff and headquarters from China to Singapore after raising money from US investors, and reaches about $100 million in annualised revenue by December.

  2. Mar 2025Milestone

    Launches Manus, a general-purpose AI agent that carries out multi-step tasks, which draws wide attention after a demo goes viral.

  3. Dec 2025Milestone

    Agrees to be acquired by Meta in a deal reported at more than $2 billion, and Meta begins integrating its engineers and technology.

  4. Apr 2026Milestone

    China's National Development and Reform Commission prohibits foreign investment in the Manus project and orders the Meta acquisition withdrawn.

  5. Aug 2026Milestone

    Announces it will operate independently again, deleting some user data created on or after 29 December 2025 to separate its systems from Meta's.

Also building Manus

JYJi YichaoCo-founder · Chief Scientist→

Coverage

No stories mention Xiao Hong yet.

Quick answers

Who is Xiao Hong?

Xiao Hong is a Co-founder & CEO of Manus, an ai agents company based in Singapore, founded in 2025.

Who founded Manus?

Manus's founders and leadership on record at StartupFox are Xiao Hong and Ji Yichao.

How much funding has Manus raised?

Manus has raised $500M across 1 disclosed round on record. The latest was a Growth round of $500M in October 2026, with Boyu Capital (co-lead), IDG Capital (co-lead), Tencent.

Where is Manus based?

Manus is headquartered in Singapore.

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Sources & updates

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