Business
Manus raises over $500M in first funding round since Meta deal collapsed
October 8, 2026 at 02:03 PM
Coverage
2 reports · 1 in Arabic, 1 in English · over 5 hours
Butterfly Effect, parent of Chinese AI lab Manus, has raised over $500 million in its first round since Meta's $2 billion acquisition collapsed.
- Butterfly Effect announced in a WeChat post that it raised more than $500 million, led by Boyu Capital and IDG Capital with Tencent and ZhenFund participating.
- Chinese authorities ordered Manus to unwind its $2 billion acquisition by Meta in April, and the company resumed independent operations in August.
- Manus said it was required to delete some user data as part of the split with Meta.
- Manus launched Manus 2.0 and introduced Cue, a standalone app that gives personal AI agents email addresses, phone numbers, and digital wallets.