Manus parent Butterfly Effect announces $500 million-plus raise after Meta acquisition is unwound

The Headline reports that Butterfly Effect, the parent of AI agent Manus, announced on October 8 that it had raised more than $500 million. It says existing shareholders and others are funding independent operations after Chinese authorities ordered Meta to withdraw its acquisition. Separately, a post says Boyu Capital and IDG Capital co-led the round, with Tencent and ZhenFund returning, and puts the valuation at a reported $4 billion.