Butterfly Effect, the parent company of Chinese AI agent Manus, recently completed a new funding round of more than $500 million, the company announced on October 8. Boyu Capital and IDG Capital led the round.
Existing investors Tencent, HSG and ZhenFund also participated in the financing. The announcement did not disclose the company’s valuation or the intended use of the new funds. [Yicai, in Chinese]