CNBC · Anniek Bao ·

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

AI agent startup Manus has raised more than $500 million in its first funding round since Meta was forced to abandon its acquisition of the company.

In this story Boyu Capital Butterfly Effect IDG Capital Manus Meta

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

Lead Source

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 ↗

How this story grew

Coverage · 0 Discussion · 0

Oct 8Oct 9

More

TechCrunch: TechCrunch

Decrypt: Decrypt

Reuters: Reuters

Yahoo Finance: Yahoo Finance

SiliconANGLE: SiliconANGLE

Related stories

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

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

Bloomberg: Crusoe raised $3B+ at a ~$30B post-money valuation; Atreides Management and Valor Equity Partners co-led the round, with Mubadala Capital participating

Bloomberg: Keyu Tian, a former ByteDance intern, raised ~$30M from 5Y and IDG for his unnamed AI lab that focuses on building world models, at a $200M post-money valuation

Bloomberg: DeepSeek raised ~$15B in its latest fundraising round, one of China's largest ever, with CATL and Tencent among the biggest contributors

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif