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.
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
ZhenFund
Operating Status: Operating
ZhenFund: A seed fund investing in innovators across TMT, healthcare, and education sectors.