AI Firm Butterfly Effect Raises Over $500M, Backer of Manus

On October 8, Butterfly Effect, the parent company of Manus, announced the completion of a new funding round exceeding $500 million. The round was led by Boyu Capital and IDG Capital, with existing investors Tencent, HongShan, and ZhenFund also participating.

Manus is an AI agent product developed by Butterfly Effect.