Oct 8 2026

Manus parent Butterfly Effect raises over $500 million, its first round since the Meta unwind

MONEY

Original reporting

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Boyu Capital and IDG Capital co-led, with Tencent, HSG and ZhenFund participating. Valuation undisclosed; September reporting put the round near $4 billion, double Meta's unwound purchase price.

Named in this event

Butterfly EffectManusBoyu CapitalIDG CapitalTencent

Open calls that touch this

CXMT stays China's most valuable listed company to mid-November · 55%, resolves November 14th 2026

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