butterfly effect

Manus Raises $500M After China Blocks Meta Deal

Manus raised more than $500 million in its first funding round since Chinese regulators blocked Meta’s planned $2 billion acquisition, with Boyu Capital and IDG Capital leading the investment and existing backers also participating. The company did not disclose its valuation, though reports put it near $4 billion, as it resumes operating independently and develops AI-agent products.