Manus Raises More Than $500 Million after Meta Exit
Butterfly Effect, the parent company of AI startup Manus, said on Thursday it completed a funding round of more than $500 million as the firm resumed independent operations after unwinding Meta's $2 billion-plus acquisition. The round was co-led by Boyu Capital and IDG Capital, with existing investors Tencent, Sequoia China and ZhenFund also participating, Reuters reported. Here are some details:
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