EventBusinessOctober 8, 2026

Manus parent Butterfly Effect raises over $500M after Meta deal unwound

Read original source →technode.com

Boyu Capital and IDG Capital led the round, with existing investors Tencent, HSG and ZhenFund participating. The raise is the first for the AI agent developer since Beijing forced Meta to unwind its roughly $2 billion acquisition. Valuation and use of funds were not disclosed.

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