Est. 2001·3,000+ placements · six offices · four regions
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Capital Raisingcurated sourcedetected 2026-05-21 · confidence 90%

Last updated

Manus AI: Capital Raising

Singapore-based agentic AI startup seeking $1bn raise to buy itself out of blocked Meta $2bn+ acquisition after Chinese regulatory intervention

Source: TechFundingNews

The leadership read

Fresh capital usually broadens artificial intelligence leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.

Market context: Against a Talent Market Index of 111.1 (Hot) (up 5.2 month-on-month), Asia is at rising (+3.7pts) on signal share.

Manus AI: 1 signal in the last 90 days — in line with the Artificial Intelligence median of 1 across 93 tracked companies; 0.1% of MitchelLake's Asia signal flow.

MitchelLake in this thematic

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Featherless AI

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Z.ai

Z.ai (formerly Zhipu AI) launched ZCode, a free agentic development environment competing with Cursor, Claude Code, and GitHub Copilot. The tool is purpose-built for GLM-5.2 LLM and offers aggressive pricing ($16.20–$144/month) undercutting competitors. Available on macOS, Windows, Linux with BYOK support and integrations with WeChat/Feishu for remote task steering.

Geographic Expansion · Asia

Vertiv

Vertiv has launched a manufacturing facility in Johor, Malaysia (operational since Q1 2026) and expects to reach technical production capacity by Q2-Q3 2027. Facility is ramping from 15-20% current capacity; planning three phases of expansion. Expected to create up to 500 skilled jobs and serve Malaysia, Australia, and South Korea markets.

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HIVE

HIVE, an AI-powered healthcare intelligence platform, was launched by a Chennai-based epidemiologist. The platform integrates multiple evidence sources and clinical judgment to deliver verified, explainable healthcare intelligence tailored to individual patients.

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