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Manus' parent Butterfly Effect says it raised $500M+, led by Boyu Capital and IDG Capital, in its first funding since Meta was forced to unwind its Manus buyout (Anniek Bao/CNBC)

Butterfly Effect, the parent company of AI agent startup Manus, raises more than $500 million in its first funding round since Beijing compelled Meta to abandon its $2 billion acquisition of Manus. Boyu Capital and IDG Capital lead the round.

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Why it matters

The funding marks a major financing event for an AI startup after a high-profile acquisition was blocked, and signals continued investor interest in AI agents.

Coverage 1 publisher

  1. Techmeme

    Manus' parent Butterfly Effect raised $500M+, led by Boyu Capital and IDG Capital, in its first funding since Beijing forced Meta to unwind its $2B acquisition (Anniek Bao/CNBC)

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