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Manus raised $500 million in its first funding round since China blocked Meta's acquisition

Boyu Capital and IDG Capital led the round, with existing investors Tencent and ZhenFund among those participating

Photo illustration by Cheng Xin/Getty Images

Butterfly Effect, the parent company of AI agent startup Manus, raised more than $500 million on Thursday in its first funding round since Beijing ordered Meta $META to unwind its $2 billion acquisition of the company, according to CNBC.

Boyu Capital and IDG Capital jointly led the round, and Tencent, ZhenFund, and HSG — all existing shareholders — also took part, the company said. Manus did not disclose its post-funding valuation.

A Bloomberg report from last........

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