Manus parent Butterfly Effect raises over $500M in first round after Meta deal blocked
Overview
Butterfly Effect, the parent company of AI agent startup Manus, says it raised more than $500 million, led by Boyu Capital and IDG Capital, with follow-on investment from existing shareholders Tencent, HSG and ZhenFund.
The round is the company's first since Meta called off its roughly $2 billion acquisition of Manus, which followed Beijing's order blocking the deal.
The company did not disclose its post-funding valuation. Bloomberg reported last month that the valuation was set to double to $4 billion, but that figure is a prior report, not a company confirmation.
Written by AI from the articles below · updated Oct 8, 8:56 PM ET
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- TechCrunch · AIChina's Manus raises over $500M in first funding round after Meta deal split
AIManus' parent company Butterfly Effect said it raised more than $500 million, its first funding round since Meta called off its $2 billion acquisition. Boyu Capital and IDG Capital led the round, and existing shareholders including Tencent also participated, though the valuation was not disclosed.
- CNBC · TechnologyAI agent startup Manus raises over $500 million in first round since Meta deal blocked
AIManus, an AI agent startup, raised more than $500 million in a funding round led by Boyu Capital and IDG Capital, with follow-on investment from Tencent, HSG and ZhenFund. The company did not disclose its post-funding valuation, though Bloomberg reported last month it was set to double to $4 billion. The round follows Beijing's order blocking Meta's roughly $2 billion acquisition of Manus.
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