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Butterfly Effect, Manus’ parent company, raised more than $500 million in its first funding round since the Meta acquisition deal fell through. Boyu Capital and IDG Capital led the round, with existing shareholders Tencent, HSG, ZhenFund and others participating; the company did not disclose its valuation and says it will continue hiring. Manus offers AI agents, chatbots and vibe-coding tools, and recently launched Manus 2.0 and the standalone agent app Cue.

Oct 2026 · TechCrunchNews article

AI agent startup Manus raises more than $500 million in its first funding round since Chinese regulators blocked Meta’s planned acquisition. Its parent, Butterfly Effect, says Boyu Capital and IDG Capital lead the round, joined by existing investors Tencent, HSG and ZhenFund; the company does not disclose a valuation. Manus resumes independent operations and offers Manus 2.0, built on its Cascade execution system, and Cue, a personal-agent app with dedicated email addresses, phone numbers and mobile wallets.

Oct 2026 · CNBC TechNews article

A former ByteDance Ltd. intern has secured funding from venture investors, including 5Y Capital, for a stealth AI startup. The lab is positioned as a challenger to Fei-Fei Li.

Oct 2026 · Bloomberg TechNews article

Shanghai-based Anew Labs, a ByteDance spinoff using AI for drug discovery, raises $290 million from HSG, IDG Capital, and other investors at a $1.5 billion valuation. The fundraising follows the unit’s separation from ByteDance.

Sep 2026 · ReutersNews article