Manus Secures Over $500M in Funding After Meta Split

WHO:

TechCrunch - Manus, an AI agent startup, is the company involved in the funding round.

Techmeme - Butterfly Effect is the parent company of Manus.

TechCrunch - Boyu Capital and IDG Capital are the lead investors in the funding round.

Techmeme - Existing shareholders include Tencent, HSG (formerly known as Sequoia China), and ZhenFund.

WHAT:

TechCrunch - Manus raised over $500 million in its first funding round since the split with Meta.

Techmeme - The funding round was led by Boyu Capital and IDG Capital.

WHY:

Techmeme - The funding round follows Meta being forced to unwind its acquisition of Manus.

HOW:

TechCrunch - The funding round involved participation from multiple investors, including existing shareholders.

(UPDATED October 8, 2026 14:05 UTC)

Manus, an AI agent startup and a subsidiary of Butterfly Effect, has successfully raised over $500 million in its first funding round since parting ways with Meta. The funding was primarily led by Boyu Capital and IDG Capital, with participation from existing shareholders like Tencent, HSG, and ZhenFund. This significant investment comes after Meta was compelled to unwind its acquisition of Manus.