Manus parent raises over $500m after splitting from Meta
What happened
Butterfly Effect, the parent company of Manus, had previously faced a $2bn acquisition by Meta, but the deal was forced to be cancelled. On 8 October 2026, Butterfly Effect said in a WeChat announcement that it had completed its first funding round since splitting from Meta, raising more than $500m, led by Boyu Capital and IDG Capital, with existing shareholders including Tencent, HSG and ZhenFund participating. Reports have not disclosed the specific valuation, use of funds or completion date of the round.
Written by AI from the reports · updated 8 d ago
Timeline
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- TechCrunch · AIChina’s Manus raises over $500M in first funding round since split with Meta
Boyu Capital and IDG Capital led the funding round, and existing shareholders Tencent, HSG (formerly known as Sequoia China), ZhenFund, and others also participated.
Heat of this event
Current heat 3·Peak in the comparable range 6（Oct 9 17:00）·Change over 24 hours in the comparable range -50%
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