←News detail

X.PINUpdated Oct 27 19:44

Manus parent company Butterfly Effect completes over $500 million in financing

AI summary

Manus's parent company Butterfly Effect announced the completion of over $500 million in financing, led by Boyu Capital and IDG, with Tencent, HSG, and ZhenFund continuing to follow on. This is the first financing disclosed since it resumed independent operations. The reported $4 billion post-money valuation has not been confirmed; that figure is double the valuation from Meta's share repurchase. Manus released version 2.0 and the personal agent Cue on September 29, and is building a product team for China and establishing partnerships with domestic model vendors.

Why read this

AI score 70

Manus's parent company has completed over $500 million in financing and disclosed the layout of its China team and product lines, offering a window into the capital and market trajectory of agent startups.

Topics

Tags

Body

Manus parent Butterfly Effect announced funding of over $500M led by Boyu Capital and IDG, with Tencent, HSG and ZhenFund returning. It is its first disclosed raise since resuming independent operations.

The reported $4B post-money valuation—double the Meta share buyback valuation—was not confirmed.

Manus launched version 2.0 and personal agent Cue on September 29, and is building a China-focused product team and partnerships with domestic model developers.

Source

X.PIN