--- title: Manus raises more than $500M in first funding round... description: Butterfly Effect, the company behind AI agent startup Manus, has closed a funding round exceeding $500 million led by Boyu Capital and IDG Capital, with... canonical: https://daily.dev/posts/manus-raises-more-than-500m-in-first-funding-round-since-meta-exit-d44iubepa twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Manus raises more than $500M in first funding round since Meta exit | daily.dev og:description: Butterfly Effect, the company behind AI agent startup Manus, has closed a funding round exceeding $500 million led by Boyu Capital and IDG Capital, with... og:url: https://daily.dev/posts/manus-raises-more-than-500m-in-first-funding-round-since-meta-exit-d44iubepa og:image: https://api.daily.dev/og/posts/d44IUbepA.png og:image:alt: Manus raises more than $500M in first funding round since Meta exit og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Manus raises more than $500M in first funding round since Meta exit **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 1 upvotes · 0 comments ## Summary Butterfly Effect, the company behind AI agent startup Manus, has closed a funding round exceeding $500 million led by Boyu Capital and IDG Capital, with existing investors Tencent, HSG, and ZhenFund also participating. This is the first raise since Meta's $2 billion-plus acquisition of Manus was unwound following a Chinese regulatory ban. Bloomberg had earlier reported Manus was seeking $500 million at a roughly $4 billion valuation, double what Meta had agreed to pay. Manus had moved its headquarters to Singapore before Meta's December 2025 purchase, but China's NDRC blocked the deal in April, forcing Meta to cut ties and early investors to buy the company back at the original $2 billion valuation. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### Why did Meta's acquisition of Manus fall through? China's National Development and Reform Commission security review office banned the deal in April and ordered the parties to cancel it, after Manus had moved its headquarters and key staff from China to Singapore ahead of the purchase. Meta subsequently cut Manus off from its internal data systems in June, and Manus's early investors moved to buy the company back at the original $2 billion valuation. _Those tracking AI agent startups and cross-border tech deals can follow funding shifts like this on daily.dev._ ### How much did Manus raise in its latest funding round after splitting from Meta? Butterfly Effect, the parent company of AI agent startup Manus, closed a round of more than $500 million led by Boyu Capital and IDG Capital, with Tencent, HSG, and ZhenFund also participating. No valuation was disclosed, though Bloomberg had earlier reported Manus was targeting about $4 billion, roughly double the $2 billion Meta had agreed to pay. _Investors and builders watching AI agent valuations can keep up with deals like this on daily.dev._ ## Similar posts on daily.dev - [Manus seeks $4B valuation in new $500M fundraise as it resumes independent ops](https://daily.dev/posts/manus-seeks-4b-valuation-in-new-500m-fundraise-as-it-resumes-independent-ops-hbjkdrany) · TechCrunch · 0 upvotes · 0 comments - [Manus eyes $1bn raise to buy itself out of Meta acquisition after Chinese block](https://daily.dev/posts/manus-eyes-1bn-raise-to-buy-itself-out-of-meta-acquisition-after-chinese-block-pasx25hqu) · The Next Web · 1 upvotes · 0 comments - [Tencent in talks to become Manus’ largest shareholder](https://daily.dev/posts/tencent-in-talks-to-become-manus-largest-shareholder-naxwekruz) · The Next Web · 0 upvotes · 0 comments - [Meta reportedly moves to unwind $2B Manus deal after Beijing’s demand](https://daily.dev/posts/meta-reportedly-moves-to-unwind-2b-manus-deal-after-beijing-s-demand-42qeeg3ah) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#ai-agents](https://daily.dev/tags/ai-agents) [View this post on daily.dev](https://daily.dev/posts/manus-raises-more-than-500m-in-first-funding-round-since-meta-exit-d44iubepa) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Manus raises more than $500M in first funding round since Meta exit","url":"https://daily.dev/posts/manus-raises-more-than-500m-in-first-funding-round-since-meta-exit-d44iubepa","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/manus-raises-more-than-500m-in-first-funding-round-since-meta-exit-d44iubepa"},"datePublished":"2026-10-08T11:20:03.800Z","dateModified":"2026-10-08T11:26:36.991Z","description":"Butterfly Effect, the company behind AI agent startup Manus, has closed a funding round exceeding $500 million led by Boyu Capital and IDG Capital, with...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/d8ed63de001cb510b625a471c4348d89?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/d8ed63de001cb510b625a471c4348d89?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/manus-raises-more-than-500m-in-first-funding-round-since-meta-exit-d44iubepa","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":1},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai-agents","timeRequired":"PT2M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Manus raises more than $500M in first funding round since Meta exit"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/manus-raises-more-than-500m-in-first-funding-round-since-meta-exit-d44iubepa#faq","mainEntity":[{"@type":"Question","name":"Why did Meta's acquisition of Manus fall through?","acceptedAnswer":{"@type":"Answer","text":"China's National Development and Reform Commission security review office banned the deal in April and ordered the parties to cancel it, after Manus had moved its headquarters and key staff from China to Singapore ahead of the purchase. Meta subsequently cut Manus off from its internal data systems in June, and Manus's early investors moved to buy the company back at the original $2 billion valuation. Those tracking AI agent startups and cross-border tech deals can follow funding shifts like this on daily.dev."}},{"@type":"Question","name":"How much did Manus raise in its latest funding round after splitting from Meta?","acceptedAnswer":{"@type":"Answer","text":"Butterfly Effect, the parent company of AI agent startup Manus, closed a round of more than $500 million led by Boyu Capital and IDG Capital, with Tencent, HSG, and ZhenFund also participating. No valuation was disclosed, though Bloomberg had earlier reported Manus was targeting about $4 billion, roughly double the $2 billion Meta had agreed to pay. Investors and builders watching AI agent valuations can keep up with deals like this on daily.dev."}}]} ```