AICNBC1h ago
Manus' parent Butterfly Effect says it raised $500M+, led by Boyu
Manus' parent Butterfly Effect says it raised $500M+, led by Boyu Capital and IDG Capital, in its first funding since Meta was forced to unwind its Manus buyout
TL;DRManus raised $500M+ after Meta's failed acquisition attempt.
Why it matters: Shows investor appetite for robotics/AI agents despite regulatory scrutiny of big tech M&A.
AI agent startup Manus has raised more than $500 million in its first funding round since Meta was forced to abandon its acquisition of the company.
Read full articleSource: CNBC · Opens in new tab