Manus Parent Company Completes Over $500 Million Funding Round
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On October 8, 2026, Butterfly Effect, the parent company of Chinese AI company Manus, announced it had completed a funding round of over $500 million. The round was led by Boyu Capital and IDG Capital, with existing shareholders including Tencent, HSG, and ZhenFund participating. The report noted that this is the company's first completed funding round since Meta's roughly $2 billion acquisition deal was halted.
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- TechCrunch · AIChina’s Manus raises over $500M in first funding round since split with Meta
Butterfly Effect, the parent company of Chinese AI firm Manus, announced a funding round of over $500 million led by Boyu Capital and IDG Capital, with returning investors including Tencent, HSG, and ZhenFund — its first round since Meta's $2 billion acquisition was blocked.