Manus parent Butterfly Effect said it raised more than $500 million in a round led by Boyu Capital and IDG Capital. It is the company's first funding round since its $2 billion acquisition deal with Meta ended. The company said it will continue hiring at home and abroad but did not disclose its valuation.
Coverage of the same occurrence shares a node; subsequent developments have their own nodes.
Butterfly Effect announced a new funding round of more than $500 million, led by Boyu Capital and IDG Capital, with Tencent, Sequoia China and ZhenFund continuing to invest. The round follows Manus’s announcement that it had separated from Meta and resumed operating independently.
By original publication time, with each report's bookmarks and feedback preserved.
Manus parent Butterfly Effect said it raised more than $500 million in a round led by Boyu Capital and IDG Capital. It is the company's first funding round since its $2 billion acquisition deal with Meta ended. The company said it will continue hiring at home and abroad but did not disclose its valuation.
Butterfly Effect announced a new funding round of more than $500 million, led by Boyu Capital and IDG Capital, with Tencent, Sequoia China and ZhenFund continuing to invest. The round follows Manus’s announcement that it had separated from Meta and resumed operating independently.